EddieJayonCrypto
11 Jun 25
At the Apex 2025 event, Ripple CEO Brad Garlinghouse stated that Dogecoin (DOGE) remains a significant part of the crypto ecosystem due to its high liquidity, despite his past criticism of meme coins. He maintains that meme coins can harm industry players focused on building real products and admitt...
At the Apex 2025 event, Ripple CEO Brad Garlinghouse acknowledged that Dogecoin (DOGE) remains a significant part of the crypto ecosystem due to its high liquidity, despite his previous criticism of meme coins. He emphasized that while Dogecoin plays a legitimate role, meme coins in general can harm industry efforts focused on building substantive products.
Garlinghouse revealed he has never personally purchased a meme coin and expressed concerns that their presence might reflect poorly on the crypto industry's professionalism. His perspective is shaped by his early encounter with Bitcoin in 2012, when he viewed the anti-bank and anti-government sentiments as Bitcoin’s primary weaknesses.
He strongly believes in bridging traditional finance with cryptocurrency rather than creating a completely parallel financial system. In line with this, Garlinghouse asserted that the Bitcoin community does not oppose holders of XRP, Ripple's native token, highlighting a cooperative rather than adversarial relationship between these crypto factions.
Overall, Garlinghouse’s stance underscores a pragmatic approach: recognizing the enduring popularity and liquidity of meme coins like Dogecoin while encouraging a focus on developing meaningful and lasting products within the crypto space.