Dogecoin’s co-founder Billy Markus claims he was a target of harassment but he didn’t comment more on the nature of it or who was involved. He goes under the name “Shibetoshi Nakamoto” and we are reading more about it in our latest Dogecoin news.
Dogecoin’s co-founder Billy Markus claims that he was a target of harassment right when the coin started having some incredible price actions. Although DOGE started off as a joke “meme coin” this week, the price of the coin performed extremely well. Dogecoin’s price increased from $0.01 to over $0.04 but it then fell back on itself and its price is now hovering at $0.027. Markus tweeted earlier today that he terminated all affiliation with the project a few years ago because of the harassment from the Dogecoin investors but he has no current involvement in the project. He took it to Twitter and said that he was abused this week again.
guys, i sold all my doge in 2015 after getting laid off and freaking out about money. in total i made about enough to buy a used honda civic.
i left the project over 7 years ago due to harassment from the community, and now i'm being harassed again. please consider this.
— Shibetoshi Nakamoto (@BillyM2k) January 31, 2021
Markus didn’t comment on the nature of the harassment or who was involved but wanted people to know what it feels like to have a mob demanding you to do something on a project that you have no more involvements in. Dogecoin’s success this week came after the many efforts from r/SatoshiStreetBets subreddit to boost the price. The crypto traders copied the Gamestop-style trading success. The whole thing happened once buyers start frantically buying its shares and forced hedge funds to purchase even more which caused a mess on the markets. Also, Elon Musk tweeted a few weeks ago “One word: DOGE” and the price boomed right after.
One word: Doge
— Elon Musk (@elonmusk) December 20, 2020
However, Markus is not one of the people that made profits this week because of Doge’s surge. He sold all of his DOGE holdings in 2015 while his net worth remains unknown. Many joined in on the frenzy including adult video star Mia Khalifa. What’s important is that Doge didn’t last long as it crashed by the end of the week to a price of $0.027.
As reported earlier, DOGE and BTC crashed as they were the only coins that found success over the past few days after Elon Musk changed his Twitter Bio but also FunFiar increased as well by 45% in the past 24hours. Others however emerged from the dark market as Compound increased by 31% in the past 24hours, 1inch by 28%, and Elrond by 22% while XRP increased 13% to $0.31.
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