In the wake of the recent memecoin frenzy that gripped the crypto market just a few weeks ago, Bitcoin (CRYPTO: BTC) maximalist and now an advisor to President Nayib Bukele of El Salvador, Max Keiser, recently lashed out against PEPE (CRYPTO: PEPE) on Twitter, reasserting his strong belief in Bitcoin’s supremacy among cryptocurrencies. Keiser declared a potential 99% crash looming in PEPE’s future, while underscoring the importance of Bitcoin as the most relevant digital currency.
“I was right again. This 💩 coin has another 99% crash in its future,” Keiser asserted, unapologetically taking aim at the token which has been on a downslide after its recent boom. The crypto market has been experiencing a surge in popularity of these so-called “memecoins,” leading to a frenzy among investors and traders.
See Also: Bitcoin Maximalist, Who Tore Up A $10 Bill In 2021, Calls XRP A ‘Shi*coin’
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Keiser seized the moment to remind his audience of Bitcoin’s unique standing in the realm of cryptocurrencies. He went on to emphasize that El Salvador has established itself as a “Bitcoin-only” country, suggesting those invested in what he derogatorily refers to as “s***coins” take their assets elsewhere.
“El Salvador is a ‘Bitcoin-only’ country, take your s***coins to Dubai,” he stated, further reinforcing the Central American nation’s dedication to Bitcoin.
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Keiser declared a zero-tolerance policy towards “s***coins,” unabashedly including popular altcoins like Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), Ordinals and NFTs in his sweeping dismissal.
See Also: Bitcoin, Ethereum Could See Sharp Downturns If These Key Levels Are Not Maintained: Crypto Trade
In an era rife with the emergence of utility-less tokens that are supported mainly by consumerism, hype, and trending appeal, Bitcoin maximalists like Keiser openly expressing their views help to balance the spectrum. This is instrumental in refocusing on what genuinely matters in the dynamic and often tumultuous world of crypto.
After all, the essence of a decentralized community lies in its nodes contributing their inputs in a system built upon both dissent and consensus. In the end, it’s this shared understanding and agreement that forms the cornerstone of the blockchain technology driving cryptocurrencies, highlighting their integral role in this new era of digital currencies.
I was right again. This 💩 coin has another 99% crash in its future. Nobody in #ElSalvador is getting hurt by this 💩 coin because it’s an unregistered security that doesn’t appear anywhere.
This has been true for over a year now with all 💩 coins. #ElSalvador is #BITCOIN… https://t.co/Plj63u50ca pic.twitter.com/00vZk6twJF
— Max Keiser, sr. bitcoin advisor pres. Bukele 🌋
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