Dogecoin Faces 1929-Style Reckoning, Bloomberg's McGlone Warns
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Bloomberg Intelligence's Mike McGlone has cautioned Dogecoin investors about potential market risks, drawing parallels to historical market crashes in 1929 and 1999. McGlone suggests that the current speculative environment in digital assets could lead to a significant market correction.
March 22, 2025 | 7:15 am
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McGlone's warning suggests Dogecoin could experience significant price volatility due to speculative market conditions reminiscent of historical market crashes.
McGlone's comparison to 1929 and 1999 market crashes implies high risk for speculative assets like Dogecoin, suggesting potential price decline.
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