Billy Markus, the co-founder of popular meme cryptocurrency Dogecoin, has shared his thoughts on the recent Bitcoin price surge. In a tongue-in-cheek tweet, Markus joked that he would hold onto his Bitcoin until it reaches $1 billion per coin.
Markus' Bitcoin Holdings
Markus, who goes by the pseudonym Shibetoshi Nakamoto on social media, disclosed that he holds a modest 0.006 BTC. At current exchange rates, this translates to approximately $528.54.
Dogecoin's Success
Despite Dogecoin's significant market capitalization of $54.2 billion, Markus revealed that he earned only $10,000 from creating the cryptocurrency. He sold his Dogecoin stash in 2015 to purchase a Honda Civic.
Markus' Crypto Portfolio
In addition to Bitcoin, Markus holds Ethereum. However, he was forced to sell some of his Ethereum holdings at a loss to cover tax obligations.
Market Commentary
Markus offered a sarcastic take on the lofty expectations surrounding Bitcoin's price. "Why isn't Bitcoin $1 million yet? I've been waiting 2 days. Crypto is a scam!" He also wondered if Bitcoin would surpass $100,000 or plummet to zero.
Dogecoin's Recent Performance
Following Dogecoin's 83% weekly surge, Markus expressed surprise and puzzlement. When a user suggested DOGE could reach $1, Markus responded, "Nothing is impossible in the world of cryptocurrency."
Current Market Status
$DOGE currently trades at $0.3716, down from its recent peak of $0.43.
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