Bloomberg Analyst: Crypto Market Must Clear 'Dogecoin'

time:2022-01-22 07:00 source:Internet

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, believes that "Dogecoins" are not good for the development of the crypto market, he has a highly negative view on Dogecoin and Shiba Inu and generates that the crypto market must clear "Dogecoins" because these cryptocurrencies are market bubbles main reason. In addition, Mike McGlone also stated that the sooner the market gets rid of DOGE and SHIB, the more likely it is that BTC, ETH and USD stablecoins will transform the global financial system.

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