Dogecoin Founder Intrigues Crypto Community With Mysterious Crash Chart

Cover image via U.Today

Billy Markus, co-founder of the renowned meme cryptocurrency Dogecoin, captivated his 2.2 million X followers with a chart depicting a dramatic price drop of an unnamed asset. Known on X as Shibetoshi Nakamoto—a playful nod to Bitcoin's creator—Markus's recent activity reveals significant holdings in a major DOGE competitor, Shiba Inu.

Markus's Cryptic "Crypto Crash" Chart

The chart showcases a seemingly catastrophic price decline, only to reveal a final figure of 0.5% at the trajectory's bottom. This playful jab likely targets mainstream media's tendency to sensationalize minor cryptocurrency price dips, often labeling them as "crashes."

@ZachWarunek biblically accurate snapshot of the current crypto sentiment— Wirelyss 👁️‍🗨️💫 (@wirelyss) March 15, 2025

The crypto community's response was varied. Some users sought clarification and requested a link to the chart, while others inquired about the specific cryptocurrency referenced in Markus's tweet.

Markus's Shiba Inu Holdings

Data from Arkham Intelligence reveals a wallet belonging to Billy Markus currently holding zero Dogecoin. This contrasts with his October tweet claiming ownership of 226,317.86 DOGE. However, Arkham's data now shows the wallet's contents consist primarily of various small-cap cryptocurrencies, including 0.227 ETH and 100,000 Shiba Inu. SHIB, the second-largest meme coin by market capitalization, initially positioned itself as a "Doge killer." Previous：Dogecoin Prices Climb as Market Engagement Soars Next：648,235,545 Dogecoin (DOGE) on Biggest Crypto Exchange, What's Happening?