Jordan Belfort, also known as the Wolf of Wall Street, spoke about investing in meme cryptos such as Dogecoin and Shiba Inu, warning people about putting money there.

Despite being a fan of blockchain, Belfort said that there are ton of coins out there having no purpose and only existing to separate people from their money. He added that the sooner governments step in to regulate the market, the better it is for cryptocurrencies, leading the market to become bigger and better.