As it happened with Bitcoin, which in February 2017 cost close to a thousand dollars and last April 14 it exceeded 64 thousand dollars. Regardless of the uncertain future of Dogecoin, surely there are many who are now regretting not having bought units when the cryptocurrency was just a joke and they were at its lowest price. We recommend: I decided to buy Bitcoin! How do i do it?."When the Dogecoin bubble bursts, it will be a catalyst for regulators and legislators to become more involved with cryptocurrencies and hurt the entire industry ," said the also creator of Cardano, which is currently the sixth most important cryptocurrency in terms of capitalization of market ($ 35.4 billion). " He predicts that when this happens "large amounts of money from retail investors are going to be lost very quickly. Surprise AMA - Charles Hoskinson April 22, 2021Īccording to the mathematician, "the price of Dogecoin is not sustainable and is going to collapse. Both have their good points, but they also give off that vibe like they need to be the smartest person in the room, especially Elon. Musk and Hoskinson couldnt team up and work together to buy a pack of gum.
But everything that goes up, goes down and our industry will be worse because of it, ” Hoskinson said in a YouTube broadcast shared on his social networks. Charles Hoskinson Highlights Reasons Why Elon Musk’s Tesla Should Choose Cardano over Bitcoin. “(Elon) Musk keeps posting and posting and posting and he really seems to enjoy doing it.
In addition, he assures that it is a "bubble" driven by "the efforts of Elon Musk, mainly, and the manipulation of the market for astute whales", which will explode at any moment, and that, in part, it would be the fault of the CEO of Tesla and SpaceX. įaced with the Dogecoin boom, Hoskinson warned that it is a worthless cryptocurrency, without original technology and without a stable development team.
Credit: Behavior of Dogecoin (DOGE) in the last month according to graphs from.
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