The head of MicroStrategy compares Dogecoin to a lottery ticket
According to Michael Saylor, this altcoin is not a real digital asset since its popularity is temporary, and bitcoin is a real cryptocurrency “for the next hundred years.”
MicroStrategy CEO Michael Sailor compared buying Dogecoin to buying a lottery ticket. It can be enjoyable, he says, with a “chance to win some money.” The billionaire noted that there are advantages to Dogecoin’s popularity. For example, altcoin encourages the involvement of more enthusiasts in the crypto industry. However, they only interact with the digital coin for fun.
Earlier, CEO Michael Sailor said that bitcoin would become the main store of value for the 21st century. MicroStrategy is the largest cryptocurrency holder among publicly traded companies. The company now owns 91,5 thousand bitcoins purchased at an average price of $24,3 thousand.
On May 9, it also became known that SpaceX will accept Dogecoin as payment for launching the Geometric Energy Corporation’s space satellite into lunar orbit as part of the DOGE-1 mission.
And what do you think about Dogecoin? Is it worth investing in this coin, which was initially just a meme?
About LATOKEN
- Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
- Has over 2 mln registered users, over 1 mln Android app installs.
- Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
- VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
- Advisory Board includes former CFOs from JP Morgan and Paypal.
Follow LATOKEN on social media to keep up with the latest news, and more!👇
✅ Website
✅ YouTube
LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.
