Solidity.io CEO Alex McCurry made bad comments about these 2 altcoins, which Turks buy a lot, in his last tweet. As Kriptokoin.com, we have compiled the statements of the famous CEO for you.
Famous CEO expressed a negative opinion for these 2 altcoins
Alex McCurry, founder of Solidity.io, a blockchain development firm, called cryptocurrencies inspired by the Shiba Inu, Dogecoin, and other dogs ‘garbage’ on Twitter on Feb. McCurry’s remarks came amid growing concerns over the stability and reliability of meme tokens, which have gained popularity for their innovation but have been criticized by many experts for lacking any real value and being used for speculation and quick profits.
This criticism is not limited to McCurry, as Bigger Entertainment’s CEO Steven Cooper also spoke out against the Shiba Inu. Cooper accused the Shiba Inu of being a pyramid scheme, as the Shiba Inu team had burned tokens and had no real achievements. Cooper was once in an intense relationship with the Shiba Inu, but left the community after competing with the developers. Now, there is no desire to get involved again. He even claims to have been the victim of a smear campaign against him and his company.
Controversy surrounding Shiba Inu’s developer community continues to escalate, as lead developer Shytoshi Kusama faced backlash after liquidating ‘race’, community members aimed at assisting in the development of the token. Some accused Kusama of lowering the decentralization level of the project.
McCurry’s comment on Shiba Inu and Dogecoin highlights growing concerns about meme tokens, and it is not yet clear whether these tokens will be acquired in the future. Investors should always keep in mind the potential risks and the fact that there are many unknowns when it comes to investing in the cryptocurrency market.
Another CEO talked about SHIB
According to Steven Cooper, CEO of Bigger Entertainment, one of the popular meme tokens, Shiba Inu (SHIB), is essentially a pyramid scheme.
On the subject of the token in the Shiba Inu ecosystem, he claimed that due to the Shiba Inu team’s lack of burnt tokens or any real success, it is clear that the blockchain project is being used as a cheap token to encourage people to invest in questionable by-products like BONE.
Cooper gave up on the project last year, despite being heavily involved with SHIB at one point before. He stopped burning SHIB tokens while also deleting any mention of meme cryptocurrency from his social media profile.
Cooper now claims he has no desire to re-engage with the Shiba Inu after a dispute with its developers.
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