Billy Markus, the man of Dogecoin (DOGE), also known on social media as Shibetoshi Nakamoto, responded recently to some extremely optimistic forecasts about cryptocurrency prices. Renowned software programmer Markus expressed his opinions about the predictions for the prices of Bitcoin (BTC) and Ethereum (ETH) on X, the old Twitter.
Standard Chartered Bank provided these pricing projections. The major British bank is well known for disclosing its predictions on the price of Bitcoin, typically maintaining a positive outlook for the leading virtual currency. The bank just released a statement stating that Bitcoin may hit $250,000 in the upcoming year.
Notably, Standard Chartered forecast earlier this year that following the introduction of the Bitcoin spot ETF, Ethereum will regain the $4,000 mark. The reputable bank has now forecast that Ethereum is set to achieve the $14,000 price level next year, even if its first ETH price estimate was bang on. Standard Chartered’s extremely optimistic pricing projections are supported by a number of variables.
The newly approved Bitcoin spot ETFs and the anticipated approval of Ethereum spot ETFs later this year, however, are the most significant factors. Record inflows into Bitcoin ETFs have already been seen by the market, which has caused a significant rise in the price of BTC. Analysts view them as a significant bullish catalyst as a result.
Dogecoin founder makes strange statement
Billy Markus, the inventor of Dogecoin, thinks that these projections are too wonderful to be true, despite the fact that the cryptocurrency community is happy to see such optimistic positions from significant individuals in the sector. He uploaded a screen grab of the headline of an article speculating that Ethereum would surpass $14,000 in value in the upcoming year in tandem with the surge in Bitcoin prices.
Markus joked in his tweet that he might start dating Sydney Sweeney next year and ridiculed the predictions for the price of bitcoin and ether. He also implied, very hilariously, that he is way too optimistic, much like Standard Chartered. In case you’re unaware, Sydney Sweeney is a well-known American actress who gained recognition for her performance in the drama series “Euphoria.”
https://x.com/BillyM2k/status/1772141626653089819?s=20
Furthermore, Billy Markus just sent out another lighthearted tweet. This time, while he was sleeping, he pushed for Bitcoin to reach the $1 million price mark. Even if this is a lighthearted remark, the inventor of Dogecoin is also cautioning the community not to accept everything they read on the internet and pointing out that a lot of price estimates have been coming in lately.
