Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Dogecoin Creator Billy Markus Buys Back Into DOGE

Dogecoin Creator Billy Markus Buys Back Into DOGE

Bill Markus, one of the two Dogecoin founders, said that he has bought back into his created memecoin. He took eight years break from cryptocurrencies, earlier swearing never to come back, but that has now ended, as per his tweet.

According to the founder, he had vowed never to buy any digital currencies again. But it seems that the success of Dogecoin has weakened his resolve. Breaking his own vow, the founder recently bought some Dogecoin.

He used his Twitter account to make this announcement. And he continues to use his Twitter account to document his journey. Mostly posting joke tweets about checking the prices numerous times. He bought back into the coin amid the price crash. Taking it as a sign that the count was headed for a rebound.

Investors in Dogecoin have taken this news positively. The coin is back up from its recent crash. Currently trading at $0.24.

Dogecoin Origin

Markus and his friend Palmer had created the coin as a joke back in 2013. They had forked the coin off of Litecoin. Originally the coin was meant as a joke aimed at bitcoin and the then-young crypto market.

They both sold their holdings in the coin early on. And have since then stepped back from the development side of the coin. Markus famously said that he had sold his Dogecoin holdings to buy an old Honda.

Obviously, none of them expected the coin to go anywhere. And for a while, it didn’t. Now, Dogecoin has a market capitalization bigger than Honda. The founder has been vocal about his regrets in getting rid of his crypto holdings back in 2015. Back then, Markus had sold off all his Dogecoins and other cryptos because he got laid off and was struggling financially.

The amount he sold his coins for was enough to buy him a used Honda Civic. That amount of crypto would have made him a fortune in 2021.

Down But Not Done

The founder has now started finding his way back into digital currencies. Taking to Twitter, he explains why he has gotten back into the coin. He claims he now sees the “true value” of the coin. He also stated that he was in the community because it wasn’t “full of jerks.”

Markus has numerous calls on his Twitter for investors to be nice to each other. And to be cordial to non-investors. That people not wanting to buy Dogecoin does not mean the coin will not be successful.

He also uses his Twitter to promote the coin. Sharing doge memes, which is in line with the coin being a meme coin.

Source: Dogecoin Creator Billy Markus Buys Back Into DOGE – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
×