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Wolf Of Wall Street: Dogecoin and Shiba Inu are worthless



Former Wall Street retailer Jordan Belfort is not a fan of the Dogecoin and Shiba Inu meme coins.

Wolf Of Wall Street keeps meme coins worthless

Former stockbroker Jordan Belfort, whose insane life story served as the inspiration for Martin Scorsese's film The Wolf Of Wall Street, hit the meme coins DOGE and SHIB in a recent video.

The notorious American entrepreneur said that Dogecoin and Shiba Inu, the two popular meme coins, have no real value or use.

Scorseses said the only purpose of shitcoins is to rip people's money off and question their ability to make people rich.

While there have been many stories of investors making a fortune with Shiba Inu, there are infinitely more people who have been crushed by the meme coin craze, according to Belford.

“You hear crazy stories from people who make millions and billions, but for every such person there are 10,000 or 100,000 people given their A ** in Shiba Inu. It's not a real investment. "

After rising over 800%, Shib Inu lost 29% in November.

Nevertheless, SHIB is experiencing growing acceptance by retailers such as the world's largest cinema chain AMC and online electronics retailers.

Scorsese spent 22 months in prison after being charged with securities fraud and money laundering in 1988. He said that some coins could be completely illegal and added that their creators should be behind bars.

“People should seriously go to jail - they are not legitimate. There is no way they will ever work. "

Belford said legitimate projects like Bitcoin and Ethereum are suffering from these bad apples.

It wasn't until November that the Squid Game Token crashed to practically zero after it made the rounds in the media, even though it had no connection to the successful Netflix series.

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