Recent Speaking Engagements 2024 Consensus ConferenceBrad Garlinghouse is the CEO of Ripple. He recently commented on Dogecoin’s (DOGE) growing popularity and how it has become a meme currency. Garlinghouse made a specific statement. “I don’t think Dogecoin has been a good thing for the industry.”
So far, the meme coin market in 2024 has seen a rise in interest. DOGE has not yet been usurped by other assets in this class. Garlinghouse on the contrary has attacked DOGE’s lack of utility, and its overall development.
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Ripple’s CEO criticizes Dogecoin
Digital asset markets are a growing industry that is committed to the growth of cryptocurrency and new forms of financial technology. The constant projects which target various growth areas, and offer different opportunities to participants are what makes the digital asset market so interesting.
This can lead to dissension in the people who work hard to ensure the success of the entire industry. This appears to be what happened with Ripple CEO Brad GarlinghouseRecently, he targeted Dogecoin. He spoke specifically about the negative impact of Dogecoin on cryptocurrency assets in general.
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“You know, I get a ton of s***t when I say these things, but I’m going to say it anyway. I don’t think Dogecoin has been a good thing for the industry,” Garlinghosue said. He also made sure that he was “not anti-Dogecoin” But explain. “I don’t know what the use case is.”
Many in the cryptocurrency industry have questioned the benefits of Dogecoin because they’ve asked the same questions. This cryptocurrency sparked the market for meme coins and opened up a world of joke currencies. Ripple’s commitment to the accessibility of cross-border payments and their use can make DOGE, as well as other meme coins, a source of disagreement.
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Source: watcher.guru