In a recent tweet, Billy Markus, who created the famous Dogecoin meme cryptocurrency in collaboration with Jackson Palmer in 2013, talked about Dogecoin and the possibility that it could reach a new all-time high.
In a recent tweet, Billy Markus, who created the famous Dogecoin meme cryptocurrency in collaboration with Jackson Palmer in 2013, talked about Dogecoin and the possibility that it could reach a new all-time high.
However, Markus’ tweet also mentions a sharp price drop after that, confirming the fact that “Shibetoshi Nakamoto” (as Markus is known on X/Twitter) considers cryptocurrencies to be extremely volatile, online with his previous tweets.
Aside from that, Markus made a bullish statement about Dogecoin, comparing it to BEL and defending DOGE from criticism.
Markus’ “statement” on DOGE volatility
The Dogecoin co-founder shared a joking post saying that he had dreamed about DOGE going up to $1.69 and that “everyone was scared” and thought about making a down payment on a house, but suddenly DOGE ” crashed instantly.” at $0.40. But then it woke up, Markus continued, and DOGE was back trading at $0.169, the price level DOGE was at today. Markus often makes his statements about cryptocurrencies in an indirect and ironic way.
Billy Markus has previously broadcast his opinion on cryptocurrency investing and trading many times on X/Twitter. He believes that the cryptocurrency market lives its own life and that no one knows for sure why Bitcoin, DOGE or any other digital currency suddenly starts to rise in price or, on the contrary, starts to plummet.
As for investing in cryptocurrencies, especially when it comes to ERC-20 tokens and NFTs, Markus considers it a kind of mental illness. He himself owns only a small amount of Bitcoin, according to a tweet posted a few months ago: $0.006 of BTC worth $437.65 at press time.
“Doge is used by millions around the world”: Billy Markus
In the comments thread, the Dogecoin co-creator responded to a cryptocurrency fan who asked him about DOGE and BEL, whether “BEL is DOGE 1.0” and “DOGE is DOGE 2.0.” Markus responded that BEL “failed instantly and was abandoned within minutes.” Regarding Dogecoin, he stated: “Doge is one of the top 10 cryptocurrencies used by millions of people around the world.”
On Wednesday, DOGE demonstrated an increase of 14.56%, reaching $0.1907. However, today saw a 5.48% decline, taking Dogecoin to $0.1796, where it is changing hands at the time of writing.
