Alex McCurry, the founder of Solidity.io. has described Dogecoin and other Shiba Inu cryptocurrencies as garbage.
The founder took to Twitter to express his dislike for Shiba-Inu-themed cryptocurrencies like Dogecoin, using the word “garbage” to describe these assets. He mentioned DOGE, SHIB, BABYDOGE, FLOKI, and ELON, among other meme coins are “garbage.”
The blockchain development firm founder’s opinion comes at a time when there is growing concern about the stability and reliability of meme coins in the crypto ecosystem. Experts have criticized meme coins for lacking real value and for being used for speculation and near-instant profits.
The criticism is not limited to McCurry. Steven Cooper, the CEO of Bigger Entertainment has spoken out against Shiba Inu and accused the project of being a pyramid scheme. Cooper argued that the project’s team lacks real achievements and Shiba Inu’s burn mechanism makes it a “pyramid scheme.”
The top Shiba Inu dog-themed crypto assets are influenced by the billionaire, Elon Musk. Dogecoin especially is one crypto asset have grown with the tweets and meme posts of the Tesla founder.is one crypto asset that has