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Dogecoin Co-Creator Billy Markus Reveals His DOGE Holdings

cryptoknowmics.com 28 December 2021 03:00, UTC

Billy Markus, co-creator of Dogecoin just revealed how many meme-based cryptocurrency he has. He said he precisely owns approximately 220,000 $DOGE, worth around $42,000 at today’s prices.

Billy Markus Holds Just $42,000 in $DOGE

Markus, who tweets under the handle Shibetoshi Nakamoto in a nod to pseudonymous bitcoin founder Satoshi Nakamoto clarified his role within the Dogecoin space in a Twitter post on Sunday, saying he no longer works for the project but is simply just a community member. However, he still holds 220,000 in $DOGE.

He clears his leadership role both in terms of influence and responsibility, saying “I do not owe a single person in this space anything at all… I like the fun people though.”

Answering a tweet from a follower, Markus emphasized that he will never go back to coding his creation, saying “working on a crypto project is terrible as I have actually found the more you do for people, the more entitled they get and worse they treat you.”

However, that doesn’t mean he won’t be supportive of those who have volunteered to continue with Dogecoin.

“I will defend those who I feel are actively making the space better,” he said. “I will discourage those who I feel aren’t.”

In a Dogecoin subreddit posted this year, Markus said he sold all his crypto holdings after getting laid off in 2015 and ended up buying a used Honda Civic. At the time, Markus liquidated his entire crypto portfolio for nearly $10,000.

$DOGE has been up a whopping 6,943 percent since the beginning of the year but, at the moment, it is down 76.1 percent from its all-time high of $0.7376 last reached on May 8.

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