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[CNBC] Dogecoin speaks to a lot of the same movement that GME did. Crazy excitement [from] very young investors around meme coins/ideas. It’s shocking to me that GME continues to hold any value, Dogecoin is even more bizarre in that respect. it’s dangerous to be short but I wouldn’t be long.

[CNBC] Dogecoin speaks to a lot of the same movement that GME did. Crazy excitement [from] very young investors around meme coins/ideas. It’s shocking to me that GME continues to hold any value, Dogecoin is even more bizarre in that respect. it’s dangerous to be short but I wouldn’t be long.



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  1. tldr; Billionaire investor Mike Novogratz said that bitcoin and dogecoin are very different in design and risk profiles. Bitcoin is “a well-thought out, well-distributed store of value that’s lasted for 12 years and is growing in adoption,” he said. “Dogecoin literally has two guys that own 30% of the entire supply.”

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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