Dogecoin Founder Who Sold All His DOGE For $10,000 Earned $780,000 This Year Without Doing Anything – But How?

Shibetoshi Nakamoto, Co-Founder of Dogecoin, Earns $780,000 in Memecoin Donations

According to on-chain data, Shibetoshi Nakamoto (Billy Markus), a co-founder of Dogecoin, has reportedly accrued substantial profits from various memecoins.

Dogecoin Sales and Repurchase

In 2015, Markus famously sold his DOGE holdings for $10,000 to purchase a car. Today, those coins would be valued at approximately $9 million or $45 million at DOGE's all-time high.

Memecoin Donations

However, Markus appears to have devised an alternative income generation strategy. He has created a series of cryptocurrency wallets and publicized them on social media, encouraging donations from other memecoin founders.

Thanks to numerous memecoin developers sending tokens to these addresses for recognition, the Dogecoin founder has reportedly earned $780,000 this year. Markus promptly sells the donated memecoins.

Recent Donation

Just three days ago, Markus received Baby Neiro memecoin tokens, which he converted into 12.2 BNB (approximately $7,243) and sold promptly.

Disclaimer:

This article is not intended as investment advice.