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Peter Schiff Calls Dogecoin, Other Memecoins a 'Litmus Test' for Popularity, but Questions Future Demand: 'People Might Want to Wear It on Their Back'

Nov 6, 2026 · 06:45 AM ET· updated 1h ago
Peter Schiff Calls Dogecoin, Other Memecoins a 'Litmus Test' for Popularity, but Questions Future Demand: 'People Might Want to Wear It on Their Back'

Economist Peter Schiff said Ethereum, unlike Bitcoin, has "some value," although that value is lower than its current price implies.

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Why It Matters

A famous economist says memecoins like Dogecoin are popular right now. But he wonders if people will actually want to use them later.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Tickers in Play
X:ETHUSD2,266.19
-5.45 (-0.24%)
X:BTCUSD77,065.28
-271.47 (-0.35%)
X:DOGEUSD0.08
-0.00 (-0.03%)
X:ZECUSD1,170.39
-47.28 (-3.88%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.