Billy Markus, who co-founded the well-known meme cryptocurrency Dogecoin with Jackson Palmer in 2013, discussed Dogecoin and the possibility that it may reach a new all-time high in a recent tweet.
Markus, who goes by “Shibetoshi Nakamoto” on Twitter/X, also indicates a hard price decline following that, which supports his previous tweets indicating that he views cryptocurrency as being quite volatile.
Apart from that, Markus defended DOGE against criticism and made a bullish comment on Dogecoin, opposing BEL.
Markus’s ‘statement’ about DOGE volatility
In a lighthearted article, Dogecoin’s cofounder said that he had dreamed that DOGE was soaring to $1.69 and that “everyone was freaking out.” He considered making a down payment on a house, but then DOGE “instantly crashed to $0.40.” Markus went on, but when he awoke later, DOGE was once more selling at $0.169, the price at which it had been earlier in the day. Markus frequently uses irony and indirectness when discussing cryptocurrency.
https://x.com/BillyM2k/status/1767957228324319699?s=20
Billy Markus has frequently shared his thoughts on cryptocurrency trading and investing on Twitter and X. He thinks that the cryptocurrency market is a living thing and that no one can really say with certainty why the price of Bitcoin, DOGE, or any other digital currency suddenly starts to rise or, conversely, starts to fall.
Markus views investing in cryptocurrencies, particularly in ERC-20 tokens and NFTs, as a form of mental disorder. According to a tweet from a few months ago, he only owns a little amount of Bitcoin—$0.006 BTC, or $437,65 at the time of publication.
“Doge is used by millions worldwide”: Billy Markus
https://x.com/BillyM2k/status/1767972155139277309?s=20
The co-creator of Dogecoin answered a question from a cryptocurrency enthusiast on DOGE and BEL in the comment thread, asking whether “BEL is DOGE 1.0” and “DOGE is DOGE 2.0.” In response, Markus said that BEL “was abandoned within minutes and instantly failed.” “Doge is a top 10 cryptocurrency used by millions worldwide,” he said in reference to Dogecoin.
DOGE had a 14.56% rise on Wednesday, hitting $0.1907. But today saw a 5.48% decline, which sent Dogecoin down to $0.1796—the price at where it is now trading as of this writing.
