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Billy Markus, a founding father of Dogecoin, recently shared an odd graph on the social media platform X (formerly known as Twitter). The graphic depicted a price plummet, igniting discussions throughout the cryptocurrency sphere.
**Brief Clarification:** This viewpoint is solely Markus’s and does not necessarily reflect the views of U.Today. Furthermore, keep in mind that cryptocurrency information is intended for amusement purposes only; U.Today disclaims all liability for trading losses. Seek advice from a financial professional and conduct thorough research before making any investments!
Markus, also known as Shibetoshi Nakamoto (a humorous reference to the alias of Bitcoin’s inventor), shared a chart displaying a price decline. Intriguingly, he also possesses a substantial amount of Shiba Inu, a competitor to Dogecoin.
**Chart Purpose?** Telegram Founder Pavel Durov Granted Permission to Leave France, TON Surges
The chart gives the impression of a substantial collapse, but the figures at the bottom indicate a mere 0.5% decrease. Markus appears to be mocking the media’s propensity to label every minor cryptocurrency decline as a “crash,” particularly in the case of Bitcoin.
The cryptocurrency community responded in a variety of ways. Some individuals expressed bewilderment, requesting clarification from Markus regarding the chart’s meaning and origin. Others sought information about the specific cryptocurrency being referenced.
**Dogecoin Founder Invested in Shiba Inu?**
Interestingly, Arkham Intelligence claims that Markus’s digital wallet currently contains no Dogecoin.
Notwithstanding all the circumstances, in the prior year’s month of October, Markus made a post on X (previously referred to as Twitter), stating that he continued to possess 226,317.86 Dogecoins.
Furthermore, Markus also possesses approximately 70,000 Grok, 200 ApeCoin, 274.449 NEIRO, and precisely 1 PEPE coin, among other assets. Conversely, it encompasses a selection of cryptocurrencies with smaller market capitalizations, such as 0.227 ETH and 100,000 Shiba Inu. Nevertheless, a more meticulous examination of Arkham’s information exposes no indication of Dogecoin within the digital wallet. Shiba Inu, recognized as the second most substantial meme coin in terms of market capitalization following Dogecoin, initially promoted itself as the “Dogecoin Killer”.
