Dogecoin cryptocurrency founder Billy Markus said on the popular Internet forum Reddit that he sold all his DOGE holdings back in 2015 and raised less than $ 10,000.
After Dogecoin skyrocketed 900% at the end of January, the r / dogecoin community has grown significantly. According to an open letter from the founder of Dogecoin to community members, he had a rather contradictory relationship with his creation – he either loved Dogecoin or hated it.
Dogecoin cryptocurrency appeared in 2013. In 2015, Markus got fed up with poking fun at him and disagreed with the community development path. In the same year, he faced financial difficulties due to the loss of his job and decided to sell his holdings to DOGE:
“I gave up and sold all the cryptocurrency I had in 2015 after being fired. I didn’t make much money – I would have had enough for a used Honda Civic. Many people dream of Dogecoin rising to $ 1. Then the capitalization of this cryptocurrency would exceed the capitalization of large companies providing services to millions, including Boeing, Starbucks, IBM and American Express. Does Dogecoin deserve it? This is beyond my understanding. ”
The founder of Dogecoin emphasized that the main value of this cryptocurrency lies in the community and the fact that it can do good. If the community is fun, creative, sympathetic, and sometimes absurd, then this is “the real value of DOGE.”
Dogecoin developers have recently returned to updating the cryptocurrency code again. The last time a major coin update was released was in 2019. As a reminder, Tesla CEO Elon Musk wrote about Dogecoin several times, resulting in a significant rise in the coin’s rate.
“I barely participate in the life of Dogecoin, but it’s strange to see what I did in a few hours become part of the Internet culture. It’s funny to see Elon Musk talk about it, ”wrote the founder of Dogecoin.
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