In May 2021, Dogecoin became a popular cryptocurrency among retail investors due to its association with the Shiba Inu meme. However, the rise of other cryptocurrencies such as Terra and FTX caused a decline in consumer confidence.

Now, a new BRC-20 token called $GRUM has emerged on the Bitcoin network, which has the potential to become a new favorite among retail investors. With its fair launch process and rapidly expanding community, $GRUM could draw huge attention and help more investors understand and join the BRC-20 meme coin wave.