CandleFocus Dogecoin Founder Wants DOGE to Surpass IBM
2024-11-30
Author: Content Editor
The creator of Dogecoin, Billy Markus (also known as Shibetoshi Nakamoto), has expressed his ironic desire for the price of the meme-themed cryptocurrency to reach a market capitalization of $210.27 billion, surpassing the value of IBM. He sees this as a humorous outcome since it would be worth more than any place he has ever worked. Markus has stated that he prefers to remain an observer in the cryptocurrency space and has no plans to create any new cryptocurrencies. Dogecoin has gained popularity recently, thanks in part to support from Elon Musk and the growing trend of memes on the internet. However, some question the sustainability of such a high market capitalization level given the current inflation rate. Dogecoin recently experienced a slight increase in price but has since declined and is currently trading at $0.4380.
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