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Cryptocurrency News Articles
Dogecoin Creator Billy Markus Names His "BTC Price Target" - $1 Billion
Nov 15, 2024 at 05:16 pm
Billy Markus, one of the two founders of the iconic meme cryptocurrency Dogecoin launched in 2013, has commented on the recent Bitcoin price rally.
Billy Markus, the co-creator of the iconic meme cryptocurrency Dogecoin (DOGE), has commented on the recent Bitcoin (BTC) price rally and disclosed his BTC holdings once again.
Markus, who is known on the X platform and other social media platforms under the pseudonym Shibetoshi Nakamoto, tweeted his thoughts on BTC as the primary cryptocurrency failed to hold at its recently achieved all-time high of $93,434 and staged a large decline.
Dogecoin creator names his "BTC price target" - $1 billion
In his typical jesting and ironic manner, Markus tweeted that he will not sell his Bitcoin “until it’s at 1 billion dollars each.” However, he reminded the community that he holds less than 1 BTC, namely, 0.006 BTC. At the current exchange rate, this is the equivalent to $528.54.
i won’t sell my bitcoin until it’s at 1 billion dollars each i have .006 bitcoin
While responding to a commentator about the fact that he created Dogecoin, which now boasts a $54.2 billion market capitalization value, Shibetoshi Nakamoto said that all he made from creating DOGE was “about $10k.” According to his earlier tweets published this year, Markus sold his Dogecoin stash and some other crypto he held in 2015 to buy a Honda Civic car.
Apart from BTC, Markus also holds Ethereum, some of which he was forced to sell at a loss a couple of years ago to pay his taxes.
In a tweet published earlier today, Markus shared a sarcastic take on those who perhaps expect BTC to skyrocket to a $1 million level instantly and then, disappointed, start saying that all crypto is nothing but scam: “Why isn’t bitcoin a million dollars yet i have been waiting 2 days. Crypto is a scam!”
On November 13, when Bitcoin price hit $92,754, Markus wondered if it was going to surpass $100,000 on the same day “or crash to 0.”
DOGE to $1? - "Nothing is impossible": Billy Markus
Earlier this week, on November 11, when the famous meme cryptocurrency surged by roughly 83% weekly, Markus published a tweet, sharing his excitement and puzzlement: “what the heck is going on doge.”
When an X user in the comments suggested that in his time DOGE may actually reach $1, Markus responded: “Nothing is impossible in the retarded world of cryptocurrency.”
Currently, DOGE is changing hands at $0.3716 after hitting $0.43 three days ago.
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