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Dogecoin market capitalization rises to $ 90 billion |
Spencer Bogart of Blockchain Capital claims he is not a real user of Dogecoin.
Dogecoin's market cap has reached $ 90 billion, which is an extremely impressive feat for the cryptocurrency, which continues to be ignored as a joke. It's bigger than Snapchat and Xiaomi now. Dogecoin became a coin actively promoted by names such as Elon Musk, Mike Cuban and Snoop Dogg in 2021, with a rise of 17,893 percent. Still, some industry leaders are encouraging market participants to take off their pink glasses and take a sober look at the joke-focused cryptocurrency. Warning from the famous name In a recent Bloomberg interview, Spencer Bogart, partner of Blockchain Capital, warned Dogecoin fans that the Shiba Inu-themed coin is not real users and developers. |
" You know, it's a functional network, so we're going to give it this credit (it works). However, there are no real users, no developers.
Bogart adds that Doge is the "perfect target" for a "fun guy" like Elon Musk:
He likes jokes. You know he's a fun guy. Doge is the perfect target for this."
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