DOGE Creator Stuns Community With Crypto Market State Summary

Dogecoin Creator Comments on Crypto Market Volatility

One of Dogecoin's creators, known as Shibetoshi Nakamoto on social media, has weighed in on the current state of the cryptocurrency market.

In a brief tweet, Billy Markus, who goes by Shibetoshi Nakamoto, summarized the situation: "Wow crypto market you suck."

Markus' followers responded with a mix of agreement and reminders that volatility is a regular feature of the crypto market.

Markus Calls Crypto Market a "Degenerate Casino"

Last week, Markus criticized the crypto market, calling it a "degenerate casino" that is impossible to predict. He stated that he finds questions about which coins will rise or fall in value to be amusing.

Markus Surprises with Bitcoin Preference

Despite his criticism of the crypto market, Markus recently surprised many users by choosing Bitcoin over Dogecoin in a hypothetical debate. He tweeted, "I'd rather have 1 Bitcoin than 1 Dogecoin tbh."

Markus previously disclosed that he owns 0.006 BTC, which is currently valued at $391.07. He has stated that he would celebrate Bitcoin reaching $100,000 by dining at Olive Garden restaurant.