{"id":13023,"date":"2022-06-29T06:29:38","date_gmt":"2022-06-29T06:29:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/snoop-dogg-on-crypto-winter-and-why-its-good-for-the-industry\/"},"modified":"2022-06-29T06:29:38","modified_gmt":"2022-06-29T06:29:38","slug":"snoop-dogg-on-crypto-winter-and-why-its-good-for-the-industry","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/snoop-dogg-on-crypto-winter-and-why-its-good-for-the-industry\/","title":{"rendered":"Snoop Dogg on crypto winter and why its good for the industry"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<p dir=\"ltr\">Rapper\u00a0Snoop Dogg, one of the biggest celebrity personalities with a bullish outlook on the crypto and Web3 space, says the current \u201ccrypto winter\u201d has been tough on investors as well as projects and companies.<\/p>\n<p dir=\"ltr\">But he believes the tough market conditions will pass and that crypto is here to stay.<\/p>\n<p dir=\"ltr\">The rapper made his comments during an\u00a0<a href=\"https:\/\/www.cnbc.com\/video\/2022\/06\/28\/snoop-dogg-crypto-winter-weeded-out-the-nft-abusers.html\" rel=\"noopener noreferrer\" target=\"_blank\"><u>interview with CNBC<\/u><\/a> on Tuesday, where he discussed NFTs and their place in the music industry. Also on the \u201cCrypto World\u201d show was Web3 entrepreneur Cordell Broadus, aka Champ Medici.<\/p>\n<h2>Every industry has seen a depression<\/h2>\n<p dir=\"ltr\">Asked to comment about his outlook for the crypto sector amid the impact of the bear market, Snoop Dogg said it would \u201clast forever.\u201d<\/p>\n<p dir=\"ltr\">According to him, whatever is setting crypto back today is not exclusive to it as there has been a \u201cdownfall\u201d in other sectors too. He believes crypto, which has been rocked by the collapse of some major projects amid contagion, will emerge even better.<\/p>\n<p dir=\"ltr\">He sees the problems facing some companies and the price wipe out as growing pains experienced in almost every other industry.<\/p>\n<p dir=\"ltr\">\u201c<em>I feel like every great industry has a downfall<\/em>,\u201d he said. \u201c<em>There\u2019s been a depression in every industry you can look at \u2013 alcohol, tobacco, clothing, food \u2013 every industry you can imagine<\/em>,\u201d he added.<\/p>\n<p dir=\"ltr\">He also notes that the crypto winter offers the market the break it needs to separate strong projects from poor ones that have \u201cabused\u201d the opportunities they had.<\/p>\n<p dir=\"ltr\">In his view, this weeding out of \u201c<em>all the people who weren\u2019t supposed to be in the space<\/em>,\u201d can only mean the future will be bright.<\/p>\n<p>\u201c<em>Now it\u2019s going to bring on great business, and moving forward, when the market comes back, there will only be great things to pick and choose fro<\/em>m,\u201d he said.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/snoop-dogg-crypto-will-last-forever\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Rapper\u00a0Snoop Dogg, one of the biggest celebrity personalities with a bullish outlook on the crypto and Web3 space, says the current \u201ccrypto winter\u201d has been tough on investors as well as projects and companies. But he believes the tough market conditions will pass [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":13024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13023"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13023"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13024"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}