Ripple CEO Brad Garlinghouse has shifted his stance on Dogecoin (DOGE), acknowledging its lasting presence in the cryptocurrency area. Talking on the Apex 2025 occasion, Garlinghouse admitted he was as soon as important of the meme-based token, believing it didn’t mirror positively on the broader blockchain trade. Nevertheless, he now concedes that Dogecoin “will not be going anyplace” and acknowledges its place inside the digital asset ecosystem.
Garlinghouse famous, “It is a part of the ecosystem. It performs a task,” highlighting how even meme cash like DOGE have discovered endurance in the market. Regardless of this recognition, he stays cautious concerning the affect of such tokens. He expressed issues that the recognition of meme cash might overshadow critical crypto initiatives and hinder builders who’re centered on constructing sensible, utility-driven blockchain functions.
Importantly, Garlinghouse clarified that he has by no means personally invested in any meme cash, together with Dogecoin, reinforcing his dedication to utility-first cryptocurrencies like XRP. His remarks come at a time when DOGE continues to attract consideration from retail buyers, due to its group assist and cultural relevance.
This evolving perspective from one of many trade’s most outstanding figures displays the complicated relationship between conventional blockchain improvement and the meme coin phenomenon. Whereas Garlinghouse stays centered on real-world adoption and regulatory progress, he acknowledges that Dogecoin’s enduring presence underscores the broader diversification and unpredictability of the crypto market.
As meme cash like DOGE stay widespread, Garlinghouse’s feedback counsel a rising recognition that each one sorts of digital property contribute to the evolving narrative of cryptocurrency, even when their long-term utility stays debated.
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