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❕NEWS Ripple CEO Slams Dogecoin

Henrytuedor

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Garlington on a recent event took on dogecoin and said compared to 21 million supply of Bitcoin vs infinite supply of doge the users will be finally incentivised to spend it
He said that the joke crypto is a sign of warning for investors and they should not consider putting value in it

Share your thoughts ...
 

microunit

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Well he's not really that wrong, given the unlimited supply of dogecoin the value of the coin will surely sink down in the future as supplies will be flooding the market it will be really inflated in the future as the devs of the said coin don't really have any intention to go back and work on it well given that they;ve created the coin for fun only in the first place still surprise that it it this much
 

Niftyicon

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In the end, all he has said regarding dogecoin is very true. The only way that coin could pump again is if something happens to spike people's interest in it like Elon Musk did some time back or if the developers decide to pick up from where they stopped by burning some of the coin and giving it some use cases.
 

Brain

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Well this report sounds true and doge coin is just in huge supply but the price is still low. I think the hype is fast giving way and people are fast moving away from it too. A lot of people are more into investing in Shiba Inu at the moment. maybe musk should do more with the coin or the developers take over to revive it.
 

CyberPreNurse

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Leaving what really matters to focus on those coin is a huge turn off and he should not even consider it at all as he has to focus more on how to win the case that is currently against his own cryptocurrency so that their company will get a lot of support and reputation that will make people to see them as being credible.
 

Emoney

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Funny considering how crypto community often mocks Ripple because of its centralized nature. I would say, just ignore that guy and invest in whatever coin you want to invest, as long as you do your due diligence. Don't let any of these big shots influence your investment or trading decision.
 

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