Jordan Belfort – a former stockbroker – whose insane life story inspired Martin Scorsese’s The Wolf Of Wall Street – hit coin memes interview recently with the British newspaper The Sun.

The famous American businessman said that Dogecoin and Shiba Inu, the two most popular joke cryptocurrencies, have no real value or use.

He then suggested that the sole purpose of shitcoins was to make people money and questioned their ability to make people rich.

While there are many stories of happy buyers who made their fortune with Shiba Inu, there are still countless people who have forfeited because of the coin meme, according to Belfort:

“You hear crazy stories about people who make millions and billions, but for each of those people 10,000 or 100,000 people are unhappy because of Shiba Inu. It’s not the right investment. “

After shooting more than 800% in October, Shiba Inu fell 29% in November.

However, the coin meme is experiencing increasing acceptance by retailers, especially in recent AMC theaters.

The businessman, who sat 22 months in jail after being charged with securities fraud and money laundering in 1998, says some coins may be completely illegal, adding that their creators should be prosecuted and arrested.

Belfort says legitimate projects like Bitcoin and Ether are suffering from some bad apples.

In early November, the cryptocurrency squid game crashed to near zero after receiving widespread media coverage despite having no connection with the popular Netflix series. . The incident has become a cautionary story for investors.

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Annie

According to U.today

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