Dogecoin Cofounder Faces Harassment While ‘Meme Coin’ Hype Trends Among Investors – Altcoins Bitcoin News

With Dogecoin frenzy making headlines time and time again in the crypto space, some people aren’t happy with it. Dogecoin co-founder Billy Markus has been a target of long-running online harassment that still doesn’t end, he claims.

Markus sold all of his Doge in 2015

The so-called DOGE meme coin rose by well over 325% in a single day, especially on January 29, 2021. The dynamic was similar, followed by the Gamestop / Wallstreetbets saga. In this case, a Reddit group called Satoshistreetbets was reportedly behind the pump of the latest Dogecoin.

However, Markus, also known as “Shibetoshi Nakamoto” in the crypto industry, posted a few tweets and made it publicly that he had sold all of his DOGE in 2015 after “being laid off and freaking out about money.” In fact, he pointed out that money was enough to buy a used Honda Civic car.

The Dogecoin co-founder also claimed he left the Dogecoin project seven years ago due to community harassment. However, Dogecoin’s co-founder says he is now “being molested again”.

Although “Shibetoshi Nakamoto” did not provide any additional details about who was behind the harassment against him and the nature surrounding him, he said:

Also, I’m not saying this as a sob story – I’m fine financially – I just want to offer a perspective of what it feels like when a mob asks you to do something for them on a project that you have no power to participate in, that you’ve seen others turn it into many millions.

There are no reports of how much Markus’ fortune is these days.

Dogecoin Madness stays alive when the month starts

Dogecoin peaked at $ 0.045 in early February, but the hovering in that neighborhood briefly lasted. According to data from, DOGE is switching hands at $ 0.0398, up 40.30% on Monday on a market cap of $ 5.11 billion.

Twitter has the hashtag #Dogecoinarmy as a trending topic in several countries such as the US and UK. There are also still active efforts by Dogecoins investors within the Reddit community to pump the prices up while the frenzy stays alive.

As reported last week, a certain Reddit thread is talking about holding Dogecoin to bring the price per unit to $ 10.

What do you think of Dogecoin’s co-founder words? Let us know in the comments below.

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