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Reading: Dogecoin Founder Billy Markus: There Will Be No Other
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EdaFace Newsfeed > Latest News > Altcoin News > Dogecoin Founder Billy Markus: There Will Be No Other
Altcoin News

Dogecoin Founder Billy Markus: There Will Be No Other

vitalclick
Last updated: September 26, 2024 5:32 am
4 months ago
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Contents
Past Projects and FailuresUsers’ ReactionsHis Views on Cryptocurrencies

Dogecoin $0.109275‘s co-founder Billy Markus has publicly announced that he will not be working on another crypto project or starting a new meme project. In his latest statement, Markus also provided information about the crypto project he created before Dogecoin.

Past Projects and Failures

Markus is known by the pseudonym “Shibetoshi Nakamoto” on the X platform and has stated that he has not worked on any crypto projects since 2014. Markus, who had only signed one cryptocurrency before Dogecoin was launched in 2013, stated that this project ended in failure.

“I have never created another cryptocurrency outside of 2013 (except Dogecoin and Bells before that) and I have not worked on any cryptocurrency since 2014. I will not be creating or working on any cryptocurrencies after these two projects.”

— Shibetoshi Nakamoto (@BillyM2k)

Users’ Reactions

Markus’ statements that he will not create a new meme coin are not new. His followers tried to draw him into this area by reminding him of the success of Dogecoin, but they were unsuccessful. They have not been successful for years. Some users asked what he would call a meme crypto project if he were to launch a new one. Markus wrote that he would not be interested in such a project forever.

His Views on Cryptocurrencies

Markus also answered questions such as whether MDOGE will be accepted as a payment method on Mars. Due to high transaction fees, Ethereum $2,629 He stated that he thought his tokens were not suitable for payment and that these tokens were only used for gambling purposes. He also stated that he agreed with the Solana tokens. Markus has been known for his opposition to cryptocurrencies for years, and being the co-founder of Dogecoin does not change this stance.

Markus stated that there are almost no good crypto projects left today and this is not enough incentive to start a big project. As of Dogecoin’s current state, Markus’ decision will not have any consequences for Dogecoin, as it continues to have a significant place in the market.

Markus also made a warning, reminding that there is a new Ethereum-based version of his previous project Bells, but that this is not his project. Although he stated that this new project is based on codes written 11 years ago, Markus is not at the helm.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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