Dogecoin and Shiba Inu Should Go To Zero - Predicts Mark Yusko


Mark Yusko, CIO of Morgan Creek Capital, has criticized the value of meme tokens Dogecoin (DOGE) and Shiba Inu (SHIB).

Yusko believes that the two tokens have no value and should go to zero.

He thinks that those who invested in the meme tokens are simply trying to keep the price from collapsing by not selling and convincing others to buy in.

Yusko expected a series of interest rate hikes by the Federal Reserve to collapse the meme tokens, but that has not happened.

He considers the high price of the meme tokens to be a "collective delusion" and believes that it has to end eventually.