Dogecoin Founder Comments on Crypto Market Rallying

Dogecoin Co-Creator Comments on Bullish Market Reversal

Billy Markus, co-founder of Dogecoin, took to Twitter to comment on the recent surge in cryptocurrency prices following a week-long correction.

Markus, known as Shibetoshi Nakamoto on social media, tweeted: "crypto is ripping."

Cryptocurrency Market Enters Green Zone

Bitcoin, the flagship cryptocurrency, has led the market uptick, gaining 3.8% in the past 24 hours and reaching $96,653. Ethereum has also seen an upturn, rising by 4.81% to $3,468. Dogecoin has surged by almost 10%, reaching $0.33.

AI Meme Coins Gain Momentum

In a separate development, AI-themed meme cryptocurrencies have experienced a surge in value, surpassing $10 billion in market capitalization. Ai16z, launched in October 2024, has emerged as a leader among these coins, trading at $2 per coin and holding the 201st position on CoinMarketCap.