Jackson Palmer, co-founder of meme cryptocurrency Dogecoin (DOGE), has continued to criticize the digital asset market, saying that the recent price fall should be the end of the sector.
Palmer stated in an interview with Crikey on May 30 that more people are generating money through various crypto goods for doing nothing in a broken system.
Interestingly, despite a history of failed initiatives that were touted before, Palmer feels that the present correction is not a crypto winter, but rather a moment for crypto promoters to wait for the next investors to take advantage of.
He observed that, despite the fact that prices have corrected, promoters are still pouring money into various projects, hoping to attract investors who have forgotten about the sector’s scams.
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Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire
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