Michael Saylor, the chairman, and CEO of MicroStrategy, claims he has no bias for any dog currencies.
Michael Saylor was questioned about his thoughts on Shiba Inu during an interview with Bloomberg Technology. As a result, Memecoin soared to fresh all-time peaks, luring a slew of new investors.
Many people believed Shiba Inu, the “Dogecoin Killer,” was a joke, according to Emily Hsiu-Ching Chang, an American journalist, author, anchor, and exec producer of Bloomberg Technology.
Saylor responded by emphasizing the value and technology of Bitcoin. He also said that others are interested in DeFi and non-fungible tokens (NFTs). Furthermore, he stated that speculators and entertainers hold meme coins. Besides, he stated that everyone has their interests, which is a part of the cryptocurrency market and makes it intriguing and exciting.
Emily inquired more about Saylor’s comparison of Shiba Inu to Dogecoin, but the CEO of MicroStrategy responded,
With his Bitcoin acquisitions, Michael Saylor has become a bull in the cryptocurrency industry. MicroStrategy, his business, currently owns 114,042 bitcoins worth $3.16 billion.
Edward Snowden, who has millions of followers, also tweeted about meme coins. The following is what Snowden highlights:
“If you got talked into exchanging your hard-earned savings for some new dog money because a meme said you’d get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in *not even dog money but a CLONE of dog money.”