CandleFocus Dogecoin Founder Says ‘WAGMI’ as Bitcoin, DOGE Prices Crash
2024-12-20
Author: Content Editor
Billy Markus, one of the founders of Dogecoin, commented on the recent price drop in the crypto market, including Bitcoin, Ethereum, and Dogecoin. In a post, he sarcastically expressed his satisfaction with quitting his job. Bitcoin dropped to $96,076 per coin, Ethereum fell to $3,301, and Dogecoin dropped to $0.30491. The market has faced significant losses totaling $1.2 billion, primarily due to the liquidation of long positions triggered by the US central bank's announcement of reduced interest rate cuts. Despite the downturn, a user used the optimistic acronym WAGMI ("we're all gonna make it"), to which Markus responded ironically.
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