Glenn Hutchins, a knowledgeable technology investor, co-founder of Silver Lake Partners and President of North Island, outlined market expectations for 2022 in an interview with CNBC. Emphasizing global inflation, Hutchins drew attention with the Dogecoin bracket.
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North Island President Glenn Hutchins made a call for joking cryptocurrencies by stating his predictions for the next year in an interview that was reflected in the media. Hutchins believes making easy money is a dream come true as we enter a time of rising interest rates globally.
Veteran Hutchins stated that investors should get rid of Dogecoin and similar meme coins. He also reported that as interest rates continue to rise, food and fuel prices will rise. He thinks that emerging markets such as Brazil, Russia, Egypt and Mexico will suffer.
Dogecoin and Shiba Inu Rise Continues
Dogecoin and Shiba Inu are expanding in terms of trading and use cases. The leading meme cryptocurrencies Dogecoin and Shiba Inu are accepted by major corporations and are listed on major exchanges around the world. Dogecoin and other cryptocurrencies began to be accepted by Nexon.
The Shiba Inu is recognized by a group of major companies, including Flexa, Gamestop, Nordstorm and Bed Bath & Beyond. Also, perhaps the biggest news recently announced by Elon Musk was that Tesla would accept Dogecoin payments for some of its products. Both Dogecoin and Shiba Inu have been listed by major exchanges as well as leading Indian exchange Uncoin. The largest Spanish exchange Bit2Me has joined the caravan of cryptocurrency exchanges listing Shiba Inu.