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Billy Markuswho created Dogecoin in collaboration with Jackson Palmer in 2013, addressed his millions of followers on social media site X to highlight the staggering difference between the performance of Bitcoin and “literally everything else right now.”
Shibetoshi Nakamoto, as Markus is known on social media, published his article X as Bitcoin was closely approaching $98,000, setting another all-time high over the past month.
Markus also shared a recommendation on whether it is better to hold or sell Dogecoin now.
“Bitcoin and ‘everything else’”
Markus posted a meme with Shiba Inu dogs, in which Kabosu, with a muscular and well-built body, representing Bitcoin, which is currently experiencing gigantic growth, and Cheems Balltze, with an average dog body, representing altcoins – “literally everything else in the market right now.
Thus, Shibetoshi Nakamoto highlighted the astonishing gap that has opened up between the fast-growing flagship cryptocurrency and all altcoins, including the second largest cryptocurrency, Ethereum.
Over the past 24 hours, the flagship cryptocurrency is up over 4%, hitting a new all-time high at $97,862 and taking another rapid and major step towards the long-awaited $100,000 level.
Bitcoin demonstrated an increase of almost 10% since Sunday, when it traded at $89,000. In total, it has increased by 19% since Monday, November 11, from $81,880. As of this writing, BTC is changing hands at $97,461.
Following Bitcoin’s strong growth and also inspired by a few other drivers, Ethereum climbed 2.85% to $3,140 after a 10.7% decline since November 12. XRP has added an astonishing 95% since November 11, surpassing the $1 level.
Related
Should you sell DOGE or hold? Markus responds
In the comments section, Markus received a question from a follower who stated that he only owned Dogecoinasking the co-creator of this asset whether he should continue to hold it or sell it.
Shibetoshi Nakamoto gave a unique response: an animated GIF saying “No idea.” Markus is known for his skeptical attitude towards crypto investing and trading. According to tweets posted earlier this year, he holds very little DOGE and BTC — 0.006 BTC in particular.
Over the past week, DOGE has been trading in a range, holding near the $0.38 price level.