2024

Bitcoin

Dogecoin

when

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In an intriguing twist, the co-founder of Dogecoin, <a href="https://u.today/dogecoin-doge-co-founder-reacts-to-new-bitcoin-btc-price-prediction" rel="noopener noreferrer nofollow">Billy Markus</a>, known for his playful and often satirical takes on the crypto industry, has made a statement that has caught the attention of the crypto community.
In a whimsical call to action, <a href="https://twitter.com/BillyM2k/status/1771790233475907799" rel="noopener noreferrer nofollow">Markus</a> urged Bitcoin, the first and largest cryptocurrency by market capitalization, to reach the astronomical value of 1 million dollars per coin, all while sleeping.
"Dear Bitcoin, please go to 1 million dollars per coin while i am sleeping. Thanks," Billy Markus, who goes by the name "Shibetoshi Nakamoto" on X, wrote.
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 dear bitcoin please go to 1 million dollars per coin while i am sleeping thanks— Shibetoshi Nakamoto (@BillyM2k) <a href="https://twitter.com/BillyM2k/status/1771790233475907799?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 24, 2024</a>
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While the circumstances surrounding Dogecoin's founder statement remain unclear, his recent comment might be tongue-in-cheek given his often humorous takes on the cryptocurrency industry.
Dogecoin was created as a joke, making fun of the wild speculation in cryptocurrencies at the time. In 2013, software engineers Billy Markus and Jackson Palmer launched the satirical cryptocurrency <a href="https://u.today/dogecoin-doge-ticks-past-massive-5-billion-in-large-transactions-as-price-dips" rel="noopener noreferrer nofollow">Dogecoin</a> as a way to make fun of Bitcoin.
The timing of the tweet also remains crucial, as it coincided with Bitcoin's broad 11% drop from its recently set all-time highs of $73,737. Bitcoin's weakness began when traders began to take profits after it had risen by around 134% in a year.
The flagship cryptocurrency was up by 1.39% in the last 24 hours to $65,839, according to <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">CoinMarketCap</a> data. In the past week, Bitcoin fell to as low as $60,760 due to decreasing demand for U.S. exchange-traded funds that hold the cryptocurrency.
While some regard the Dogecoin co-founder's remark as a lighthearted joke, others see it as a thought-provoking reflection of Bitcoin's potential to disrupt traditional financial systems and reshape the global economy.
As <a href="https://u.today/bitcoin-btc-might-see-major-shift-in-next-24-hours-heres-why" rel="noopener noreferrer nofollow">Bitcoin</a> continues to gain mainstream acceptance and adoption, the notion of a $1 million price target, once considered outlandish, may not be as far-fetched as it seems.

Dogecoin Co-Founder Makes Unexpected Bitcoin Statement

U_Today

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