Garlinghouse Slams Dogecoin, Warns of Meme-Based Cryptos' Detrimental Impact

Ripple CEO Brad Garlinghouse delivered a scathing critique of Dogecoin at the recent Consensus 2024 conference.

In his address, Garlinghouse emphasized that Dogecoin lacks real utility, noting that its value is largely driven by speculative trading rather than practical application.

'Dogecoin Has Not Been Good For The Industry', he said.

Garlinghouse argued that meme-based cryptocurrencies like Dogecoin could be detrimental to the crypto industry's long-term credibility and progress.