Billy Markus Stunned by Dogecoin's 83% Weekly Surge, Wonders If $1 Is Finally Possible

Dogecoin's recent market performance has left its cofounder, Billy Markus, widely known in the community as Shibetoshi Nakamoto, stunned by the significant upward momentum of the coin he helped launch.

Dogecoin's recent market performance has left its cofounder, Billy Markus, widely known in the community as Shibetoshi Nakamoto, surprised by the coin's significant upward momentum. Over the past week, Dogecoin has seen an 83% increase in price, marking its largest weekly gain in over two years and pushing its value to an impressive $0.3 - its highest level since 2021.

With the rally now underway, many in the community are speculating on whether Dogecoin (DOGE) might finally reach the long-discussed $1 goal. In response to one supporter's optimistic prediction, Markus said that while reaching such an ambitious level may seem unlikely, the unpredictability of cryptocurrency markets makes it possible.

"Unlikely but not impossible. anything is possible in the retarded world of cryptocurrency."

His answer was quite cautious, but he seemed optimistic. While Markus did not give any specific investment advice, he did point out the uncertainty surrounding the future price of Dogecoin.

"The future price of doge is unknown."

How to ride this DOGE wave?

At the same time, another loud voice among Dogecoin enthusiasts offered some advice, as Mishaboar, prominent DOGE contributor, revealed four essential tips to survive the volatility as greed and fear of missing out takes over the crypto market.

Thus, as reported by U.Today, citing Mishaboar, one should not invest more in DOGE than one can afford, should stay away from leverage and futures, rely on self-custody and use multiple wallets and exchanges.