Dogecoin Founder Issues 'Bitcoin Profit' Statement as BTC Plunges 7.22%

Cover Image: Courtesy of U.Today

Billy Markus on Dogecoin and Bitcoin

Billy Markus, co-creator of Dogecoin and known as Shibetoshi Nakamoto on X, often employs irony to comment on societal issues or share memes.

Dogecoin and Markus' Influence

Markus' content creation and role in developing Dogecoin have earned him a significant following on X.

Markus' Commentary on Bitcoin's Price Drop

Markus recently shared his thoughts on Bitcoin's 7% overnight decline, from $62,170 to $58,630. He ironically questioned Bitcoin traders if they were "taking profits." Despite recovering slightly to $59,430, Bitcoin had rebounded last week after Jerome Powell's announcement of interest rate cuts.

Markus' "10 Million Tweet" on Depression

Markus also tweeted, "You are not depressed you just need 10 million dollars," sparking discussions on the wealth gap and the potential connection between low income and depression. The tweet elicited mixed reactions, with some agreeing while others argued that money cannot always solve all problems.

The Tweet's Impact

The tweet spurred a lively debate in the comments, with some sharing personal experiences related to depression, while others highlighted the potential side effects of antidepressant medications. Many users responded with memes, adding a lighthearted note to the otherwise serious topic.