Gamza Khanzadaev
Dogecoin co-founder Billy Marcus sparks intrigue by proposing unique valuation for Bitcoin, reveals reaction to Dogecoin price spike
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Billy Marcus, one of the masterminds behind the meme-like cryptocurrency Dogecoin, recently upset the cryptocurrency community with his unconventional views on Bitcoin's valuation. Marcus, known for his witty and sometimes controversial views on digital currencies, proposed an interesting price range for Bitcoin: $69,420.
His rationale? Simply put, it's a meme number, and the creators of DOGE say it's because memes reign supreme in the universe.
His light-hearted comment prompted a backlash from his followers, one of whom humorously suggested raising the figure to $694,200. Interestingly, Marcus responded by casually granting the request with a “Hmm, I'll allow it.”
Interestingly, the price of Bitcoin skyrocketed today, inching closer to Marcus' proposed value. Up 6% since the beginning of the week, Bitcoin is currently hovering just above $69,420 and is just 6.4% away from reaching a new high of $74,000.
Go, Doji, go
Meanwhile, while Marcus jokes about Bitcoin's valuation, his brainchild Dogecoin continues to gain momentum. Today, Dogecoin rose 5% to reach $0.195 per Doge. Seizing the moment, Marcus shared a playful collage featuring the iconic Doge meme, with an encouraging caption that read, “Go, Doge, Go!”
Marcus' extraordinary take on Bitcoin's value may seem comical at first glance, but it underscores the symbiotic relationship between cryptocurrencies and internet culture.
In the world of cryptocurrencies, even the most outlandish ideas can spark meaningful discussion and possibly influence market movements, as memes permeate the digital landscape and influence market sentiment and price predictions. That's clear.
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Gamza Khanzadaev
