Dogecoin creator Billy Markus slams crypto market, calling it rigged casino full of dumb people
Nate Alex, a popular NFT artist and collector, recently expressed a critical opinion on the current state of the crypto market. He compared it to a rigged casino, suggesting that most of the focus is on onboarding retail investors so insiders can profit by selling"scamcoins.", who goes by the pseudonym Shibetoshi Nakamoto. Markus echoed this sentiment, describing the crypto market as a place where many people pretend to be smarter than they are.
As a result, Solana has exploded with thousands of new meme cryptocurrencies of varying quality, which eventually morphed into Against this backdrop, more fundamental and older projects are getting less attention, and their prices, unlike meme cryptocurrencies and especially in this cycle, have not risen.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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