Shiba Inu and Dogecoin Have to Fade Into Irrelevance for Bitcoin and Ethereum to Thrive, According to Bloomberg Analyst

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Shiba Inu and Dogecoin Have to Fade Into Irrelevance for Bitcoin and Ethereum to Thrive, According to Bloomberg Analyst
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.mikemcglone11 argues that the crypto market has to be cleansed of 'silliness' ShibaInu Dogecoin

that the market has to be cleansed of canine coins so that Bitcoin, Ethereum as well as dollar-pegged stablecoins could continue transforming the world’s financial system.

The dog coins were good examples of the speculative excesses in the space and the sooner the market is cleansed of this silliness, the more likely the three Musketeers -- Bitcoin, Ether and the proliferation of crypto dollars -- will resume transmogrifying the global financial system.

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