Billy Markus Clarifies Stance on Shiba Inu and Dogecoin
Billy Markus Sets the Record Straight on Shiba Inu
Billy Markus, known as Shibetoshi Nakamoto, recently took to Twitter to clarify his stance on Shiba Inu (SHIB). Despite his name's similarity to the popular memecoin, Markus emphasized that he has "nothing to do with Shiba Inu and never did." This statement comes amid ongoing speculation and questions about his involvement in the project.
Dogecoin: A Joke That Took the Crypto World by Storm
Markus, the developer who created Dogecoin (DOGE) in just two hours back in 2013, referred to the cryptocurrency as an "intentionally stupid joke." He humorously noted that DOGE "proved that people will speculate on anything." When asked if he created Bitcoin (BTC), Markus responded sarcastically, "Yes," highlighting his frustration with frequent inquiries.
A Bittersweet Crypto Journey
Markus's journey in the crypto space has been marked by both success and regret. Despite creating a top 10 cryptocurrency, he sold all his crypto holdings in 2015, missing out on millions of dollars in potential revenue. This year alone, he lost $100,000 in crypto due to taxes.
From DOGE to NFTs
Today, Markus's only notable involvement in the crypto space is his Crappy Doodle Buddies NFT project. These hand-drawn NFTs, priced at a floor of 0.3 ETH, feature his signature. Despite his limited current involvement, Markus is often praised by crypto investors who profited from DOGE, prompting him to remark, "Congrats on getting rich off the joke I made."
A Rejection and Ongoing Criticism
Earlier this year, Markus turned down a $14 million promotional deal from Dogechain (DC). While no longer part of the DOGE development team, he continues to criticize rival memecoin Shiba Inu (SHIB). His blunt remarks reflect a mix of frustration and regret over his crypto experiences.
Why This Matters
Memecoins like DOGE and SHIB boast some of the most active and passionate communities in crypto. Their volatile nature and speculative appeal continue to captivate investors, making them a significant part of the cryptocurrency landscape. Stay updated on the latest developments in the dynamic world of memecoins.
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