Ripple Boss Admits Dogecoin Wasn’t Just a Joke—Who Knew? 🐕💸

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Darling readers, gather ’round for the latest in the glittering world of finance’s most ludicrous spectacle—meme coins! At Ripple’s grand gathering, our esteemed president, Monica Long, and her dashing CEO, Brad Garlinghouse, took to the stage for a fireside chat that could rival a Humphrey Bogart comeuppance—and, oh, did truths spill faster than champagne at a soirée! 🍾

Dogecoin Makes Ripple’s Top Banana Eat His Hat

It all kicked off with a rather blunt query—are meme coins a delightful distraction or a vapid joke? Monica, ever the optimist, declared many “outright scams”—what a kindly way of saying “pile of baloney”—yet admitted their speculative magic has somehow transformed into “real markets,” much like Peter Pan’s fairy dust landing everyone in a frenzy. She praised their role in building wallets and gathering developer minds, akin to Ethereum’s own 2016–2017 glory days—sweet nostalgia! 💡

Garlinghouse, ever the pragmatist, had a different tune. “Meme coins, generally overrated,” he declared, sounding like a banker who’s just seen the light—or the exit door. He dubbed most as “not sustainable,” more gambling than investing, and a source of regulatory headaches, an unending nightmare for the serious investor. But then… 😊

Suddenly, we segue to the moment of truth. Remember when Garlinghouse called Dogecoin “a pile of shit” because its logo looked like a clown’s joke? Well, times change, darlings. The CEO, with a guilty shrug, admitted, “I used to sneer at Dogecoin,” adding, “It was created as a lark—literally a joke, a parody—yet here we are.” Who knew the CEO of Ripple was secretly a fan of canine hilarity? 🐶

What, indeed, caused this flip-flop? Easy—Elon Musk, that darling of chaos, willed Dogecoin into a liquidity behemoth, turning a silly meme into a fixture in the ecosystem. “It’s part of the scene now,” Garlinghouse admitted, sipping on his own humble pie, no doubt. And the moral of the story? Never underestimate the power of a billionaire with a Twitter addiction. 🐦

Still, Garlinghouse remains steadfast—most meme coin launches are “get-rich-quick rug pulls.” An eerie echo of your Aunt Margaret’s advice—“Spend it fast, honey, and don’t let it linger”! He also threw a political barb—Elizabeth Warren’s crusade against hype—showing our industry’s reputation often hangs by a thread as thin as a mosquito’s wing. 🦟

When asked to pick a mascot for crypto chaos or brilliance, our dear Garlinghouse gushed—“Doge. It’s both the chaos and the brilliance,” probably while patting himself on the back. Musk’s influence, he said, proved that “liquidity begats liquidity”—a poetic way of saying “if you throw enough money at it, it sticks.” Try copying that, dear imitators, as Dogecoin’s network effects remain as elusive as living underwater. 🌊

Meanwhile, Monica, ever pragmatic, argued that even dubious tokens do some good—they’re like sandbox experiments, eventually strengthening the blockchain. Garlinghouse, noting his “overrated” verdict, ultimately concedes that Dogecoin’s survival is less of a joke and more of a fact—ink to the ledger that even the most ludicrous can earn their place.

And just for a final flourish—Dogecoin now trades at a modest $0.201. Well, well, one might say, a true testament to the power of meme magic! 🐕

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2025-06-11 22:43