First, it was a dog that inspired a cryptocurrency. Then it was the logo of that cryptocurrency that gave birth to a new one. Yup, we are talking about the Shiba Inu coin. Its developers say that it is an improved version of the Dogecoin.
People who want to create wealth and build a better financial future are always on the lookout for information and advice that can help them fulfill their goals. Often, investors, experts or budding, attempt to do this by connecting with other people online through communities like Facebook, Reddit, and various other stock forums.
Who would have thought that the market cap of a cryptocurrency modeled on a Shiba Inu dog as a joke would be worth more than Ford Motors or Kraft Foods? Well, that is exactly the space that Dogecoin (DOGE) found itself in over the weekend. For a brief period, DOGE’s market cap topped $50 billion, beating Ford and Kraft. Now, at a market cap of $42.6 billion, DOGE is still sitting very pretty.
Facedrive doesn’t call itself a company. It calls itself a “people-and-planet first” tech ecosystem that offers socially responsible services to local communities. It’s a great way to connect with local communities and it puts the planet first which is a great USP in today’s world.
In an advertisement on The Financial Post, Facedrive CEO Sayan Navaratnam said, “What if we built this organization more into an ESG platform, with multiple pillars, where a user can come into the one ecosystem, understand the value and be part of something they truly believe in?”
The global marijuana market is growing at a fast pace and investors want to be a part of this growth story. A report by Grand View Research Inc. says that the global legal marijuana market size is expected to reach $84.0 billion by 2028, and is expected to expand at a CAGR (compounded annual growth rate) of 14.3% from 2021 to 2028. The report says, “Increased legalization of marijuana for medical and adult-use and the growing adoption of these products for the treatment of chronic diseases are the key factors driving the market for legal marijuana.”