Despite Lacking User Utility, Dogecoin (DOGE) and Shiba Inu (SHIB) Have Massive Market Caps: Charles Hoskinson

Despite Lacking User Utility, Dogecoin (DOGE) and Shiba Inu (SHIB) Have Massive Market Caps: Charles Hoskinson

2021 has been a stellar year for cryptocurrencies, with the cumulative crypto market cap growing from $750 billion, to heights of $3 trillion.

While most cryptocurrencies have more than doubled their prices in 2021, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have been the star performers, recording some of the biggest gains in the market.

Charles Hoskinson, the founder of Cardano, has weighed in with his opinion on the meme coins.

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Source: #Dailycoincom
Source: thecryptocoinreport.com

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#cryptonews
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