U.Today – One of the two founders, Billy Markus, who created the iconic cryptocurrency Dogecoin, together with Jackson Palmer, commented on the recent price surge.
Replying to a comment under his tweet, Markus, also known on social media as Shibetoshi Nakamoto, explained whether he expected BTC to finally reach $100,000 after all.
Markus’ “$100,000 Bitcoin Prediction”
Commenting on Bitcoin’s recent rise, when it rose from $92,956 to $96,252, adding $4,609, Shibetoshi Nakamoto tweeted sarcastically: “He lives!
Billy Markus is well known for his tongue-in-cheek and playful way of posting on social media. His sarcasm quickly increases when he starts commenting on events related to cryptocurrency trading and price action.
He has repeatedly stated in his tweets that he doesn’t think analysts really know why Bitcoin is rising or what’s causing it to fall. This time, when a commenter asked Markus if he expected the world’s flagship cryptocurrency to surpass $100,000, the Dogecoin co-creator posted an animated GIF that stated: “This time again crap. »
Between Monday and Tuesday of this week, the largest crypto plunged from the $98,670 zone, reaching a low of $90,900. On Wednesday, Bitcoin rallied, adding 7.12% to $97,353. Since then, digital gold has lost 2.37% and is currently trading at $95,058. Several traders are now locking in their profits, preventing Bitcoin from reaching $100,000. Recently, the founder of the Capriole Investments fund called this level the biggest selling wall that has ever existed.
Dogecoin founder shows support for DOGE
Three days ago, Shibetoshi Nakamoto posted a tweet clearly expressing his support for DOGE (the US Department of Government Efficiency). He tweeted: “I really hope Doge succeeds. » Markus shared his sentiment that the US economy is in trouble.
He believes that public spending must be controlled: “It is a real death loop where the only solution is hyperinflation, which would ruin us. »
“Go doge go,” Markus concluded his tweet. Elon Musk, a friend of Markus, was named one of the two bosses of the new government organization and is now taking up his new role.