Express

Galaxy Digital's Mike Novogratz "Wouldn't Long" Dogecoin

Mary Liu

Summary: During an interview with CNBC's "Squawk Box", Galaxy Digital CEO Mike Novogratz said that both Bitcoin and Dogecoin are popular cryptos, there are significant differences between them.  Novogratz believed that Bitcoin is a well-thought-out and reasonably decentralized store of value, while two "Dogecoin whales" holding 30% of the total DOGE supply. Besides, there are "tens of ...

During an interview with CNBC's "Squawk Box", Galaxy Digital CEO Mike Novogratz said that both Bitcoin and Dogecoin are popular cryptos, there are significant differences between them. 

Novogratz believed that Bitcoin is a well-thought-out and reasonably decentralized store of value, while two "Dogecoin whales" holding 30% of the total DOGE supply. Besides, there are "tens of billions of dollars" capital and operating expenditures invested in the Bitcoin ecosystem every year, but Dogecoin does not. 

He emphasized: "But retail investors have not given up Dogecoin, it is dangerous to be short, but I wouldn't long either."

By Mary Liu

Last Update:

Tags: ,,,
Link: Galaxy Digital's Mike Novogratz "Wouldn't Long" Dogecoin   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 3 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 7 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 22 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 29 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.