Dogecoin Founder Comments on Bitcoin's Price Surge
Billy Markus, co-creator of the Dogecoin cryptocurrency, has weighed in on the recent surge in Bitcoin's price.
Markus's "Bitcoin $100,000 Prediction"
Markus, known online as Shibetoshi Nakamoto, responded to a comment under his tweet by expressing his skepticism about whether Bitcoin will reach $100,000. He shared an animated GIF that sarcastically stated, "This sh*t again."
Bitcoin's Volatility
Markus has previously expressed his belief that analysts cannot accurately predict Bitcoin's price movements. This week, Bitcoin plunged from $98,670 to $90,900 but has since recovered to $95,058.
Dogecoin Founder's Support for D.O.G.E.
Markus recently tweeted his support for D.O.G.E. (the U.S. Department of Government Efficiency), expressing his concern about the state of the U.S. economy. He believes excessive government spending could lead to hyperinflation.
Elon Musk's Role
Elon Musk, a friend of Markus, has been appointed as co-head of D.O.G.E. and is currently fulfilling his new responsibilities.