Dogecoin Creator Billy Markus Reacts to DOGE’s 20% Weekly Surge with Irony

Billy Markus, co-creator of Dogecoin, humorously addressed the recent 21% surge in DOGE’s price, maintaining his traditional ironic tone. While acknowledging the significant rise, Markus claimed to have “no idea” about the reasons behind it, highlighting his detachment from price speculation.

Dogecoin (DOGE) has taken the crypto world by storm once again, with a remarkable 21% surge in price last week. From Wednesday to Saturday, the meme coin’s value soared from $0.10745 to a local high of $0.13.080, leaving the cryptocurrency community both excited and curious about the cause of this sudden leap. Among those reacting to this surge was Dogecoin co-creator Billy Markus, who expressed his views with his characteristic blend of irony and wit.

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In response to his followers on X (formerly known as Twitter), Markus, known for his straightforward style, admitted that he had “no idea” why DOGE experienced such a massive price increase. When one of his followers pointed out that his response was brief for such an important question, Markus wryly commented, “it’s pretty much my answer to everything crypto price related.”

Whale Activity Behind the DOGE Surge
Although Markus didn’t offer any concrete reasons for the price surge, analysts have linked the sharp rise to increased whale activity. According to recent reports, large holders, or “whales,” acquired over 1.4 billion DOGE in just 48 hours, amounting to roughly $140 million. Such significant buying pressure from large investors is often seen as a key factor driving the price up.

Markus’ Firm Stance on Not Creating Any New Cryptos
In the same week, Billy Markus made it clear via social media that he has no plans to create any new cryptocurrencies. Markus emphasized that while he remains connected to Dogecoin and the Bells coin—both of which he helped develop—he is not involved with any other cryptocurrencies. He warned his followers to be wary of anyone claiming otherwise, as they might be attempting to deceive potential investors. Markus has reiterated multiple times that his foray into meme coins is over and that he has no intention of launching any new projects.

Looking Ahead
As Dogecoin’s price continues to attract attention, the meme coin’s volatile nature remains a subject of discussion. The recent whale activity indicates that the market still has considerable interest in DOGE, but its future performance remains as unpredictable as ever. While Billy Markus may no longer be involved in the development of new cryptocurrencies, his creation, Dogecoin, continues to make waves in the market.

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