Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jan / 01
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- Mike McGlone Warns of Dogecoin’s Risk, Labels Altcoins as Bitcoin Wannabes
- Jan 01, 1970 at 08:00 am CFN
- Bloomberg Intelligence's Mike McGlone sees parallels between altcoins and the dot-com bubble, emphasizing their lack of unique qualities compared to Bitcoin. He highlights Dogecoin's infinite supply and contrasting it with Bitcoin's fixed supply, positioning Bitcoin as a digital equivalent to precious metals. McGlone notes Bitcoin's stability amidst market turbulence and outperforming altcoins, with experts predicting its potential growth to significant value. He urges caution for investors in speculative altcoins, emphasizing Bitcoin's dominance and competitive advantage as a store of value.
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- Mike McGlone Likens DOGE And ‘Unlimited Supply Cryptos’ to ‘Dot-Com Bubble’
- Jan 01, 1970 at 08:00 am U_Today
- Analyst Mike McGlone predicts an uncertain future for altcoins, including Dogecoin, due to their vast number and potential comparison to the dot-com bubble. While Dogecoin boasts a significant market capitalization, its unlimited supply poses a challenge compared to Bitcoin's finite supply, leading to potential competition from Bitcoin and precious metals. Meanwhile, financial expert Robert Kiyosaki remains optimistic about Bitcoin, projecting a surge to $175,000-$350,000 by 2025, emphasizing the importance of investing in Bitcoin and precious metals for financial stability.
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