Billy Markus, co-founder of Dogecoin ($DOGE), recently shared his humorous take on Bitcoin's price surge and his modest crypto portfolio.
Markus’ Bold Bitcoin Price Target: $1 Billion
Markus jokingly tweeted that he wouldn't sell his Bitcoin until it hits $1 billion per BTC. However, he revealed he holds only 0.006 BTC, valued at about $528.54 at current prices. His playful remark underscores the speculative and unpredictable nature of the crypto market.
A Glimpse into Markus’ Crypto Journey
Known online as "Shibetoshi Nakamoto," Markus sold his Dogecoin holdings in 2015 for $10,000 to purchase a Honda Civic. Beyond Bitcoin, he also owns Ethereum but has sold portions of it at a loss in recent years to cover taxes.
A vocal critic of unrealistic market expectations, Markus recently poked fun at predictions of Bitcoin skyrocketing to $1 million overnight, emphasizing the volatility of the crypto space.
Dogecoin’s Recent Performance
Dogecoin recently saw a remarkable 83% surge in just a week, leading Markus to tweet, “What the heck is going on with Doge?” When asked if Dogecoin could reach $1, he responded with cautious optimism, noting, “Nothing is impossible in the unpredictable world of cryptocurrency.”
Current Market Highlights
Bitcoin: Recently peaked at an all-time high of $93,434 before a sharp correction.
Dogecoin: Trading at $0.3716 after hitting $0.43 earlier this week.
Markus’ comments reflect both the excitement and the inherent risks of the crypto market, reminding investors to approach it with a mix of caution and humor.
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