Billy Markus – who co-created Dogecoin in 2013 – revealed that he owns around 220k DOGE, which is roughly $42,000 at current prices.
Markus (now “Shibetoshi Nakamoto” on Twitter) revealed the figure in aTweet To clarify his current role in the Dogecoin space, he said he is no longer working on the project – but only a member of the community.
But this does not mean that he is no longer supporting him.
Markus’ friendly attitude contrasts with another creator, Jackson Palmer, who has repeatedly expressed his disdain for Dogecoin and crypto. by in July He said the whole area had amplified the worst aspects of capitalism. to increase the wealth of the wealthy and allow them to unfairly evade taxes.
Dogecoin’s decentralization is concentrated in the hands of a few wealthy holders. Even when compared to other cryptocurrencies such as Bitcoin, however, Markus’ holding numbers indicate that he is not one of them. which although not very important But his holdings lack the power to influence the market through a sell-off. and does not make him a huge profit
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