Solidity.io CEO McCurry Slams Shiba Inu and Dogecoin, Labels Them As “Garbage”

Meme coins have been around for a long, but they acquired popularity and attention in 2021, when celebrities like Elon Musk and Mark Cuban pushed Dogecoin, the first meme coin, which was launched in 2013. Numerous meme currencies have emerged since then. These are FLOKI, MonaCoin, Dogelon Mars, Shiba Inu, Bone ShibaSwap, and a number of others.

These coins typically draw a lot of flak. They have frequently been criticized for their volatility, instability, and unreliability.

Solodity.io CEO McCurry has joined the club, lashing out and labeling Dogecoin and other dog-inspired coins as garbage.

McCurry’s take on meme coins

Alex McCurry is the creator and owner of Solidity.io, an American business leader, blockchain expert, investor, and writer. He recently turned to Twitter to dub Shiba Inu, Dogecoin, and other dog-themed cryptocurrencies “garbage.”

In addition to saying this, McCurry has tagged a few well-known meme-coins. There are also Floki, Dogelon Mars, Dogecoin, BabyDogeCoin, and Shibtoken in addition to BSC News.

McCurry’s comments come in the midst of mounting uncertainty regarding the durability and dependability of meme tokens, which have acquired appeal for their novelty but are being attacked by many experts as having no actual value and being exploited for speculation and rapid gains.

Is Shiba Inu A Pyramid Scheme?

According to Steven Cooper, it is clear that the blockchain project is only being employed as a cheap token to entice people to invest in dubious spinoffs like BONE, a token within the Shiba Inu ecosystem because there haven’t been any burned tokens or actual accomplishments by the Shiba Inu team. Cooper abandoned SHIB last year, despite previously being closely connected to the project.

Cooper now states that he has no desire to return to Shiba Inu after a disagreement with its developers.

Community reaction

The crypto community appears to concur with McCurry’s assertion. According to a user who reiterated the claim, the coins are “garbage” and were made to devalue any true coin. In addition, a specific instance of the ApeCoin was given and its similarity to Satoshi’s original design was discussed.