Dogecoin founder speaks out against ‘meme coins’

Dogecoin founder speaks out against ‘meme coins’

“They’re made by people trying to get rich off of other people trying to get rich,” said Dogecoin creator Billy Markus. Seemingly frustrated by the amount of ‘meme coin’ spammers flooding his Twitter threads, Billy Markus, the founder of the Dogecoin (DOGE), blasted the crypto shillers through a series of tweets.  Markus recounts how DOGE was originally created more than eight years ago as a true meme that pokes fun at “idiotic coins.” However, the creator points out that today’s meme coins are not memes anymore. “They’re made by people trying to get rich off of other people trying to get....


Related News

Analyst Calls Dogecoin, Shiba Inu, FLOKI ‘Dino Coins’, Here’s What It Means

A crypto analyst has shed light on the performance of meme coins and altcoins in the upcoming bull run. He has labeled popular meme-based cryptocurrencies like Dogecoin (DOGE), Shiba Inu (SHIB), and FLOKI, as “Dino Coins,” emphasizing that these tokens could potentially skyrocket during the altcoin season. Dogecoin, Meme Coins Expected To Lead Altcoin Season […]

Dogecoin Sheds 67% Since Price High — Meme Token’s 12 Month Market Stats Stil...

The notorious meme crypto asset dogecoin has seen better days, as the digital currency tapped an all-time high (ATH) two months ago at $0.737 per unit. Today, dogecoin is down 67% since the ATH and over 30% during the last three months as interest in the dog meme coin is waning. Dogecoin Interest Dives, Meme-Token’s Value Down 67% Since ATH Worldwide interest in DOGE is slipping, as the search query “dogecoin” on Google Trends (GT) has slid from an ATH in interest. Dogecoin lost 79% by scoring a 100 in the second week of May to this week’s score of 21. Google Trends....

Vitalik Buterin has made $4.3M from his $25K investment in Dogecoin … so far

Vitalik Buterin has recounted how turned $25,000 into $4.3 million in three years by investing in DOGE. In his recent appearance on the Lex Fridman podcast, Ethereum co-creator, Vitalik Buterin, revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin during 2016.But true to form, he gave it all away to charity.Dogecoin was created in December 2013 and sought to capitalize on the popularity of the then-popular Shiba Inu-inspired doge meme, with Vitalik describing DOGE as among the first “fun coins” launched into the burgeoning crypto asset....

Dogecoin Is Not Going Away, And Here Is Why

Oh, you topple central banks? We have a meme. Since Dogecoin's creation last December, there has oft been the murmur on social media by bitcoin enthusiasts calling it "another pump and dump" or a meme-ified Litecoin with inflation. Those accusations may be true, but in the eyes of Dogecoin enthusiasts (Shibes), they are assets. Dogecoin was never intended to be the government-breaking bank-challenger that bitcoin is. A co-founder of Dogecoin, Jackson Palmer, said to ABC, "People are trading coins for small purchases, like in an online game where you can purchase a different set of armor, I....

Dogecoin Co-Founder Says The Meme Coin Was Created By A Stupid Person

Dogecoin has still not fallen out of favor with investors despite losing more than 90% of its all-time high. The meme coin whose community continues to wax stronger is still one of the largest cryptocurrencies by market cap. One thing that has always haunted the digital asset though has been its beginnings. Now, the co-creator […]