💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Billionaire Drags ETH, DOGE in Favor of BTC, XMR, ZEC

Published 07/05/2021, 09:06 AM
Updated 07/05/2021, 09:30 AM
Billionaire Drags ETH, DOGE in Favor of BTC, XMR, ZEC
BTC/USD
-
ETH/USD
-

  • Mexican billionaire Ricardo Salinas Pliego dragged Ethereum and Dogecoin.
  • Pliego is one of Mexico’s most vocal Bitcoin supporters.
  • Also, Michael Saylor and Anthony Pompliano praised Pliego for his BTC stance.

Mexican billionaire Ricardo Salinas Pliego dismissed popular altcoins Ethereum and DOGE. At the same time, Pliego praised bitcoin as his bank braces to accept the top crypto.

Pliego went on to call altcoins like Dogecoin sh*tcoins, telling a DOGE fan “you’ll stay poor, good luck.” On the other hand, he hyped privacy coins like Monero (XMR) and Zcash. The billionaire even claimed the coins have an advantage over BTC thanks to their enhanced privacy.

All this happened in a recent Twitter storm that occurred after fellow BTC bulls tweeted a video of Pliego. Specifically, Michael Saylor and Anthony Pompliano praised the billionaire for his BTC stance.

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.