LISTEN! Michael Saylor Confirmed This About Dogecoin!
DOGE has been one of the best performing assets among cryptocurrency investors this year. As a result, this will be an interesting cryptocurrency to keep an eye on for a while.
Over the last few days Dogecoin price, like the majority of the cryptocurrency market has seen heavy selling.
But unlike most altcoins, Dogecoin is well positioned to withstand a price drop. The price of Dogecoin is approaching a critical juncture.
What was that Michael Saylor had confirmed about Dogecoin?
Dogecoin the first and arguably most well-known meme token, has had a roller coaster ride in recent weeks. Dogecoin and Shiba Inu have seen significant increases in their valuations. However, not everyone is persuaded.
Michael Saylor, the CEO of MicroStrategy, a business intelligence organization based in the United States, refused to take sides in the ongoing market squabble. Maintaining a neutral stance on the subject during a television interview.
The 56 year old millionaire stated that he has no opinion on one Dogecoin competing with another while reaffirming his support for Bitcoin, the world’s most valuable cryptocurrency. With his Bitcoin acquisitions, Saylor is known as a bull in the crypto space. Michael Saylor was asked about his thoughts on Shiba Inu during an interview with Bloomberg Technology.
Meme coins soared to fresh all time highs, luring a slew of new investors. Many people thought Shiba Inu, the Dogecoin killer, was a joke. But who is laughing now? He also mentioned that there are others who are interested in DeFi and nonfungible tokens, or NFTs. Furthermore, he stated that meme coins are held by speculators and entertainers, adding to this.
He stated that everyone has their own interests, which is a part of the crypto world and what makes it intriguing and exciting. When the interviewer inquired further about Saylor’s comparison of Shiba Inu to Dogecoin, but the CEO of MicroStrategy responded, “I have no opinions about one Dogecoin versus another Dogecoin. I stay in my lane”.
In recent days, the price of DOGE has been largely rangebound. Elon Musk has essentially taken up the role of Dogecoin’s public face. He supports it because it feels like the people’s crypto, he remarked. Investors appear to be digesting optimistic events like Elon Musk’s DOGE-1 satellite launch and AMC Entertainment Holdings probable adoption of this meme currency as payment.
Burger King crypto campaign
As crazy as the year 2021 has been, it’s unlikely that anyone anticipated to stroll into a fast food restaurant and walk out with some additional cryptocurrency with its Burger King with a side of crypto campaign. Restaurant Brands International’s Burger King has to have one of the month’s strangest promotions.
The country’s second largest burger business has partnered with Robinhood Markets to distribute over two million cryptocurrency tokens. The Burger King crypto promotion finishes this weekend, but the actual game goes on for the corporations behind it. What are you waiting for? We are going to get us some burgers and a few Dogecoins.