   
After hitting a new all-time high on November 13, the $90,000 level remained out of reach as support as the bulls ran out of steam. Now, Billy Markus, the co-creator of the original meme piece Dogecoin (DOGE)weighs on Bitcoin’s recent advance to new highs. Markus also revealed when he intends to liquidate his BTC holdings.
Dogecoin Creator Rises to $1 Billion BTC
As Bitcoin price struggles to settle above $90,000 while traders take profits, one Dogecoin creator is not selling.
Billy Markus, aka Shibetoshi Nakamoto, said in a post on social media platform However, he told his followers that he held less than 1 BTC, specifically 0.006 BTC (the equivalent of $529 at current exchange rates).
One X user pointed out that Marcus was one of the co-creators of Dogecoin, which now has a total market capitalization of over $52 billion. The founder of Dogecoin revealed that he only made around $10,000 creating DOGE. Markus has already said that after being laid off from his job in 2015, he sold his stock of Dogecoin and some other crypto assets he owned and used the proceeds to buy a Honda Civic.
Markus and Jackson Palmer created Dogecoin in 2013 to mock the crypto industry. For something that started as a joke, Dogecoin has certainly built a legitimate reputation for itself. The canine-themed crypto found a famous fan in eccentric centibillionaire Tesla/SpaceX CEO Elon Musk, who began posting about DOGE and is now set to co-lead a new US federal agency called DOGE – yes, really.
& nbspDOGE was loitering around $0.15 on Election Day. Since then, the token has almost tripled in value, reaching almost $0.43 on November 12. When a commenter suggested earlier this week that this time DOGE might actually hit the long-awaited $1 mark, Markus of opinion: “Nothing is impossible in the retarded world of cryptocurrency.”
Notably, the $1 threshold has psychological appeal, sparking a series of “Doge to $1” memes in recent years.