The “Wolf of Wall Street” considers “dog cryptocurrencies” useless

According to Jordan Belfort, these assets have no value to the market and the community

02.12.2021 - 07:50

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1 min

What’s new? The famous American entrepreneur Jordan Belfort, also known as the “Wolf of Wall Street,” gave an interview to The Sun portal. In a conversation with reporters, the broker expressed his opinion on a number of cryptocurrencies.

The full version of the interview

What statements did Belfort make? According to the former broker, the meme cryptocurrencies Dogecoin or Shiba Inu are absolutely useless. These assets have no value either to the market or to the entire community. Belfort warned users against investing in these coins. He also said that their creators should go to prison because they take advantage of the fact that the market is not regulated by anyone.

“I'm a fan of blockchain but there's a lot of nonsense out there, a lot of bad coins which serve no purpose and are only there to separate people from their money,” the entrepreneur added.

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