Dogecoin (DOGE): Billy Markus lifts the veil on the creation of the memecoin

Yesterday, on Twitter, the creator of Dogecoin made a very interesting confession about the birth of the memecoin. It was an opportunity for some tweeters to throw their lightning on a Billy Markus very proud of his achievement.

Dogecoin, creation in just a few hours

In May 2022, Billy Markus, aka Shibetoshi Nakamoto, already inflamed Twitter with his comments on cryptocurrencies. At the time he said that 95% of crypto projects are scams and garbage. Which earned him a flood of reactions from tweeters, including Elon Musk.

Billy Markus laid bare the creation of Dogecoin

Are there any examples of someone who has built a trillion dollar company without employees? »

I created a cryptocurrency within hours, left the project, and it traded at $90 billion in market cap for one day, 8.5 years later. »

This new tweet from Markus also had its share of reactions. But at the same time it has been very informative as it incorporates details on the creation of Dogecoin.

Here are some takeaways from this sharing :

  • he created the memecoin in just a few hours;
  • 8.5 years later, the same asset has reached a market cap of $90 billion in just one day.

Note that this information would not have been shared without the question of Anthony Pompliano, entrepreneur and investor voted best Web3 content creator at the PBWS 2023.

Billy Markus criticized for his explanations

The reactions of the Twitter community were not long in coming after Markus responded to Pompliano.

First, there was Positively Liberarian which highlighted a problem of relevance. ” Hey he said 1 trillion… and not 90 “, he commented.

But the most virulent criticism was that of pjb.eth.

Wasn’t that a copy + paste of litecoin? So it’s not like you created it »

To save face, Billy Markus had to use an analogy.

Did you tweet or just type letters on the keyboard already created in front of you? It is very important to make this distinction father, husband, Ph.D. »

Also, we noted imo’s comment stating that Dogecoin Founder Changed Elon Musk’s Life Forever.

Yes, Elon Musk is largest DOGE holder Right now. Lately, he even pumped the price of this cryptocurrency just by changing the Twitter logo to that of Dogecoin.

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