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Is There a Cryptocurrency Bubble? Just Ask Doge.

Jackson Palmer, creator of Dogecoin, in San Francisco on Friday. He was an early fan of cryptocurrency, but is now one of the loudest voices warning of a crash in the market.Credit: Christie Hemm Klok for The New York Times

Jackson Palmer no longer thinks it’s funny to imitate Doge, the internet meme about a Shiba Inu dog whose awe-struck expressions and garbled syntax (e.g. “Wow. So pizza. Much delicious.”) made him a viral sensationseveral years ago.

But if he did, he might channel Doge to offer a few cautionary words for investors who are falling for cryptocurrency start-ups, Silicon Valley’s latest moneymaking craze:

Very bubble. Much scam. So avoid.

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