Dogecoin and altcoins critiqued by Bloomberg analyst

Michael McGlone, a chief commodity strategist at Bloomberg Intelligence, has noted increased risks in the crypto market. In his recent statement, McGlone noted that there were “2.4 million so-called cryptocurrencies” in the market, referring to them as “Bitcoin wannabes.” McGlone’s analysis mentioned Dogecoin, a $68 billion market capitalization cryptocurrency that he says is one of […] source: https://www.cryptopolitan.com/dogecoin-and-altcoins-critiqued-by-analyst/