Dogecoin Co-founder Says Crypto Winter Has Not Started

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Dogecoin (DOGE) co-founder Jackson Palmer has ruled out in an interview with Crikey the onset of a crypto winter, noting the distribution of “mountains of money” by digital asset promoters. He has said:

“They are waiting for a new batch of fools to come. This happens cyclically.”

The co-founder of Dogecoin has explained collective memory tends to fade. According to him, people no longer remember about ICO and NFT scams and are ready to invest in DAO and IGO.

Palmer has expressed regret that the crypto market is not going to burst anytime soon. He ha explained:

“More and more people do nothing but earn money without putting in the effort. It kind of ruined our lives. A mental problem arose – things that seemed “strange” five or ten years ago have now become commonplace. Now, even if it’s obviously a scam, people think, ‘Do I really care?'”