Markus predicted that virtually all of the 500 new coins generated each day will “certainly collapse.” That is not the case for the most popular cryptocurrencies. Apparently, he was referring to Bitcoin, Ethereum, and Dogecoin, which only go down approximately 90% of the time.
Billy Markus has no plans to trade cryptos
Billy Markus and Jackson Palmer, co-creators of the first joke cryptocurrency, DOGE, took to Twitter to air their views.
Markus also revealed on Twitter about a week ago that he had largely ceased trading in digital currencies in 2013.
Justifying his decision, Markus claimed that most crypto investors buy crypto to play. This was partly in reference to the fact that small investors don’t understand the market due to lack of research. Also, he claims that instead they bet on trending cryptocurrencies or the one that most invest in.
Meanwhile, he told the DOGE army that he hasn’t worked on Dogecoin development in a long time and has no plans to restart it or create any other digital currency.
Whales stack up DOGE Holdings
The BNB channel saw 100 top whales add $2 million worth of Dogecoin to their stack, according to WhaleStats, data from a crypto tracking firm.
The portfolio now has a total of $17,005,992 in DOGE, accounting for 1.14 percent of the total.
The whale “Martian Manhunter” bought a significant amount of Dogecoin on Thursday of last week. His wallet was stuffed with 68,000,000 meme coins worth $5,684,188.
