Dogecoin Warning: "Going to a Bad End"

🔥Well-known financial commentator Gary Shilling believes #Dogecoin's rise was "absurd".

🔥It Will End Badly
Financial analyst Gary Shilling told #Bloomberg that the Dogecoin craze would end badly.

The co-founder of A.Gary Shilling & Co. believes the Dogecoin rally is currently backed by excess liquidity:

"I don't know what will happen to touch their death, but it will end badly."

Shilling emphasizes that Dogecoin has unlimited supply and very few active developers.

Last week, Dogecoin hit an all-time high of $ 0.45 after surging more than 750 percent in April.

Dogecoin, which has since deleted some of its earnings, is currently trading at $ 0.30 on #Binance.

🔥Spikes and Dogecoin
Undoubtedly, the price increase in Dogecoin may have caught the attention of many investors. However, it should be well known that these increases will not always continue and the risk factor should be considered.

Considering the sudden ups and downs, it may be a matter of time for the investor to encounter the bad ending #Shilling mentioned above.

Considering the harsh volatilities in the #crypto #money market, it is extremely important to make the investment consciously.