Dogecoin co-founder hits back against Ripple (XRP) CEO for Dogecoin criticism

On Jan 23, 2024

Billy Marcus criticised Brad Garlinghouse for passing negative statements against Dogecoin (Doge) & Elon Musk.

Dogecoin (Doge) is a popular meme Cryptocurrency. Dogecoin has no actual use case but stands in the top 10 crypto assets list because of bullish support for this cryptocurrency by Tesla CEO Elon Musk. For 3 years, Musk has supported this cryptocurrency as the best payment crypto network.

Recently in a panel discussion titled “Clear-Eyed About Crypto” at the Davos Forum, Ripple (XRP) CEO Brad Garlinghouse shared his negative opinion about Dogecoin & raised concerns about the utility and regulation of unregulated cryptocurrencies. In his statement, Dogecoin Cryptocurrency was targeted badly.

Garlinghouse said what is the purpose of Dogecoin and also dragged attention toward Dogecoin supporter & lover Elon Musk as a central actor behind the popularity of this meme cryptocurrency.

In response, Dogecoin co-founder Billy Marcus (popularly known as Shibetoshi Nakamoto in the Crypto community) said that Dogecoin’s blockchain coding & Dogecoin coding are almost similar and Garlinghouse passed bad comments against Dogecoin to pretend a very smart person in this sector.

Furthermore, Markus said that XRP & Doge only differ by ticker symbol.

**Crypto Conversation:** Dogecoin (DOGE) co-founder Billy Marcus pointed out to Ripple (XRP) CEO Brad Garlinghouse, “XRP is fundamentally no different from DOGE. The only difference is the ticker.” Brad Garlinghouse responded, "I understand what you're saying, and in some ways I…
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Dogecoin price action

The current trade price of Dogecoin is $0.077 & this trade price of Dogecoin is 18% down over the last 30 days of trade price.

Dogecoin co-founder hits back against Ripple (XRP) CEO for Dogecoin criticism 1

It is very strange that Dogecoin is in the top 10 crypto assets list by market cap but failed to give any big profit in the last 12 months.

This is a very bad performance by Dogecoin but still, people are optimistic about Elon Musk’s plan to adopt Dogecoin as a payment option under X payments.

Just a few days ago, Dogecoin price surged nearly 15% following the announcement of “Payments” a new P2P payment service by X firm which already collected multiple payment licences in 2023 across the US states.