Billy Markus, renowned as the co-founder of Dogecoin, stirred his 2.2 million followers on the X platform by posting a chart showing a significant decrease in the price of an unnamed asset, possibly satirizing exaggerated media comments on crypto price dips.
Mysterious Chart from Markus
Billy Markus posted a chart showing a dramatic drop in an unknown asset, which bottomed at just 0.5%. This may be a tongue-in-cheek jab at the media's habit of labeling minor price decreases as 'crashes'.
Crypto Community Reaction
The crypto community reacted in different ways; some did not immediately grasp the message and asked Markus for clarification and a link to the chart he depicted. Others inquired which cryptocurrency he meant.
DOGE Founder Holds Shiba Inu
Interestingly, data from Arkham Intelligence shows that Billy Markus's wallet contains no Dogecoin, although last October he claimed to still hold 226,317.86 DOGE. Instead, the wallet contains many small-cap cryptos including 0.227 ETH and 100,000 Shiba Inu. SHIB, initially positioning itself as a 'Doge killer,' is the second-largest meme coin by market cap after Dogecoin.
Billy Markus's post raises interest in the details of the ironic chart, while also drawing attention back to his investments, revealing he now holds Shiba Inu and other small cryptocurrencies.
