Dogecoin (DOGE) Will End Bad • Coinexc

Financial analyst Gary Shilling told BNN Bloomberg that the Dogecoin (DOGE) craze would end badly.

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The co-founder of A.Gary Shilling & Co believes the meme token is currently backed by excess liquidity.

“I don’t know how it will happen but it will end badly.”

Unlike Bitcoin (BTC), Dogecoin has an unlimited supply and very few active developers.

Last week, Dogecoin surged by 750% in April, reaching its all-time high of $ 0.45. The asset, which has since declined, is trading at $ 0.30 according to Coinmarketcap data at the time of writing.

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