Dogecoin Creator Made $720,000 This Year From Selling DOGE

Cover image via U.Today

Having sold his Dogecoin holdings for a mere $10,000 in 2015 to purchase a car, Dogecoin creator Billy Markus (also known as Shibetoshi Nakamoto) has had a rather eventful year. His former Dogecoin holdings would be worth over $9 million now, and at their peak, they would have been valued at over $45 million.

Despite selling his DOGE years ago, Billy Markus has maintained a presence in the cryptocurrency space. Over the past year, he has created multiple wallets to receive tips in various tokens. The sale of these tokens has been a lucrative endeavor for him. Markus reportedly earned approximately $780,000 in 2024 alone by selling tokens given to him as gifts. DOGE/USDT Chart by TradingView

This sale represents just one of several token sales Markus has executed this year, with others occurring just a few days ago. It appears that Markus has managed to continuously profit from the cryptocurrency market even after selling his initial DOGE holdings, thanks to his knack for turning free tokens into tangible gains.

Despite Dogecoin's meteoric rise in value, Markus continues to receive free tokens that he promptly sells, generating a steady stream of income. While some may initially have believed Markus missed out on a fortune by selling his Dogecoin, his ongoing profits from selling gifted tokens demonstrate that he remains a formidable player in the cryptocurrency landscape.

Indeed, Markus's earnings of nearly $780,000 this year alone suggest that he can still comfortably afford a new car - and perhaps much more.