MicroStrategy CEO Michael Saylor Says No Opinion on Dog Coins in Dogecoin-Shiba Inu Face-Off

Dogecoin and Shiba Inu have both posted large increases in their values, even though Bitcoin and Ether stumbled a bit. But not everyone is convinced. Michael Sayer, CEO of US-based business intelligence firm Microstrategy, refrained from taking sides in the ongoing market conflict, maintaining a neutral opinion on the situation. During a television interview, the 56-year-old millionaire said he has no opinion on one dog coin competing with another, while restoring his support for the world’s most valuable cryptocurrency, bitcoin.

“There are savers who want to buy reserve assets like Bitcoin, there are technology venture capital funds and they want to invest in the next DeFi (Decentralized Finance Protocol) or NFT (fungible tokens) platform and then there are speculators and entertainers and they are about to have a new meme-coin. Everyone has their point. It is all a part of the crypto world. I have no opinion on one dog coin versus another dog coin, I live in my name, bitcoin,” Saylor told the news anchor.

The entrepreneur also posted an excerpt from this interview on himself Twitter take care. Just have a look.

Saylor is recognized as a bull in the crypto-space with his bitcoin purchases. MicroStrategy currently holds over 114,042 bitcoins worth around $3.16 billion (approximately Rs 23,670 crore). report good Eleven News said.

Saylor’s not-so-helpful response to Trending Dog coins resonates with US whistleblowers Edward Snowden Tweeted about these meme coins recently.

Snowden wrote on Twitter, “If you ever thought of exchanging your hard earned money for some new dog money because a meme said you’d get rich, please consider your odds carefully.” Dogecoin vs Shiba Inu Face-off even more spicy.

The past week has been quite favorable for these rival dog-based cryptocurrencies. whereas dogecoin touched a daily high of 29.13 percent last week, Shiba Inu On October 27, there was an increase of 46 percent.

According to Gadgets 360 crypto-price trackerThe current token price of Dogecoin is $0.29 (approximately Rs.21), Shiba Inu is trading at an increased value of $0.000072 (approximately Rs.0.0054).

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