Some obscure – and some brand new – digital tokens soared higher in price today after comments from a US Congressman during a hearing at the US House of Representatives went viral in the crypto community.
Commenting during Wednesday’s hearing on Digital Assets and the Future of Finance at the House Committee on Financial Services, Brad Sherman, a Democrat from California, said:
“The number one threat to cryptocurrency is crypto. Bitcoin could be displaced by ether, which could be displaced by doge, which could be displaced by hamster coin. And then there is cobra coin,”
The representative then finally ended his comment by asking:
“Now, what could mongoose coin do to crypto coin?”
Not surprisingly, Congressman Sherman’s comments quickly went
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