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Dogecoin Founder Spills Beans on His Epic Draining DOGE Sale

Release: 2024/09/21 20:30 Reading: 340

Original author:U_Today

Original source:https://coinmarketcap.com/community/articles/66eeb51d16b10e318e83f381

Dogecoin Founder Spills Beans on His Epic Draining DOGE Sale

Billy Markus Defends Elon Musk, Reflects on Dogecoin Sales

Billy Markus, known as Shibetoshi Nakamoto on social media, co-created Dogecoin with Jackson Palmer in 2013. He recently defended Elon Musk against online criticism, including threats of lawsuits from politicians.

Markus Reveals Dogecoin Sale

Amidst the discussion, Markus shared that he sold most of his DOGE nine years ago. Crypto enthusiast @ChadCaff questioned if he planned to sell his remaining holdings. Markus replied, "godspeed all," indicating no regrets about his past transaction. He confirmed retaining some Dogecoin and a small amount of BTC.

Financial Situation and Crypto Strategy

Another user inquired about Markus's financial situation, to which he responded, "Whatever I hold goes to 0 in like 5 hours... maybe I have to sell for it to do well."

Markus Trolls Bitcoin Bulls

Following a recent Federal Reserve announcement of a 50 basis point interest rate cut, Markus shared screenshots of declining stock and cryptocurrency prices. He playfully teased those who expected a market rally. However, prices later rebounded, with Bitcoin reaching $64,000 before stabilizing around $63,000.

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