NASDAQ listed Influencer Marketing Company, IZEA Announces Support for Two Most Popular Meme Coins Shiba Inu (SHIB) and Dogecoin (DOGE) along with Bitcoin, Ethereum, Litecoin, and Crypto.com Coin.
IZEA, a NASDAQ traded influencer marketing company, said that from now onwards, they will accept both the canine-themed meme coin as a form of payment for influencer marketing campaigns along with Litecoin (LTC), Crypto.com Coin (CRO), Bitcoin (BTC), and Ethereum (ETH).
Let the doges out! 🐶🐕🪙 We now accept #Dogecoin and #ShibaInu as payment for influencer marketing campaigns, as well as #Litecoin, #Crypto.com Coin, #Bitcoin, and #Ethereum. Read more in our full press release. https://t.co/u6JBMb85AY pic.twitter.com/Y60K6Gs8DU
— IZEA (@izea) February 10, 2022
The announcement comes after the company’s survey results illustrated that most of the influencers, i.e., about 64% of the influencers already own cryptocurrency, and 50% of influencers have expressed their desire to be paid in cryptocurrencies for their content creation.
“Influencers are early adopters of cryptocurrency and have expressed a desire to be paid in these currencies for their work in the space,” said Ted Murphy, Founder and CEO of IZEA.
The company listed only six cryptocurrencies, BTC, ETH, LTC, CRO, DOGE, and SHIB, as a payment method because the firm expects that most social media users and influencers who own crypto are just as likely to hold them instead of other ones.
“Although Bitcoin and Ethereum are the leaders in the crypto space by market cap, our research shows that they are not always the preferred cryptocurrencies of our customers and creators; accepting Dogecoin, and Shiba Inu is a direct response to the needs and interests of our creator community.”
At the time of writing, Shiba Inu (SHIB) is trading at $0.00003134, down 6% for the day, whereas, Dogecoin (DOGE) is trading at $0.1531 per coin, down -4.24% for the day.