Has Dogecoin Been Good for Crypto?
Ripple CEO Brad Garlinghouse questions the impact of Dogecoin on the crypto industry, emphasizing the need to focus on solving real problems. Garlinghouse believes that speculation alone is not enough and that real utility is critical for the future of cryptocurrency.
Ripple’s Contribution to Fairshake
Ripple recently made headlines by donating $25 million to Fairshake, a political action committee (PAC) supporting pro-crypto candidates. This contribution follows a previous $25 million donation the firm made to the same super PAC last year.
- During Consensus, Garlinghouse criticizes the lack of regulatory clarity in the United States for digital assets.
- He highlights the importance of institutional money entering the crypto space for upside potential.
- Garlinghouse expresses skepticism about Dogecoin’s utility and impact on the industry.
- He questions the use case for Dogecoin and the projects being developed to provide real utility.
- Garlinghouse suggests that there are other cryptocurrencies offering real utility across different chains.
- At the time of writing, DOGE is trading at $0.159, experiencing a slight decrease over the past 24 hours.
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The post ‘We Have To Be About More Than Speculation’: Ripple CEO Questions Whether Dogecoin Has Been Good for Crypto appeared first on The Daily Hodl.
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