DOGE Founder Reveals His Favorite Cryptos, And Here's Which Coins He Dislikes

Besides, Markus shed light on what Dogecoin actually is technically in the crypto world. He also shared his number one rule in dealing with cryptocurrencies — "my #1 rule of crypto is never put more money into it than you're willing to burn in a fire."

Billy Markus's crypto likes and dislikes

The coins Billy Markus does not like, according to his comment to his own X post, are those based on Ethereum — "I don't like basically any erc-20 token," he wrote.

i like the major players (btc eth) and doge is just bitcoin in a dog suiti don’t like basically any erc-20 token

— Shibetoshi Nakamoto (@BillyM2k) August 17, 2023

Earlier, Markus wrote that he owned Ethereum and had to sell some of it at a loss in order to pay his taxes at the end of the year. As for crypto investing in general, he several times stated that he believes it to be nothing but gambling. He has adopted the same attitude toward NFT.

Still, he does not plan to join the DOGE team or create any other digital currency, such as Dogecoin 2.0.

Half billion DOGE bought on big dip

Over the past 24 hours, the leading meme cryptocurrency Dogecoin has lost more than 12%, with a slight recovery following this plunge. At the time of this writing, the meme token is changing hands at $0.0626.