• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

How the Dogecoin Founder Made $780K from Memecoins

by

7 hours ago

Shibetoshi Nakamoto, one of the Dogecoin founders, found a lucrative way to profit from memecoins by receiving them on his cryptocurrency wallets from other developers.

Earning Path from Memecoins

Shibetoshi Nakamoto, also known as Billy Markus, discovered a new income method by creating cryptocurrency wallets to collect donations from other memecoin founders. According to Onchain data, he earned $780,000 by selling received tokens.

Income from Baby Neiro Memecoin

In just the past three days, Markus received Baby Neiro tokens, earning him 12.2 BNB or $7,243. He sold these immediately after receiving them.

DOGE Sale History and New Endeavors

In 2015, Markus sold his DOGE for $10,000 to buy a car. Today, those coins would be worth $9 million. Despite this, Markus has found new revenue paths.

Initially selling his DOGE coins, Shibetoshi Nakamoto has found an alternative income stream through donations from memecoin developers.

0

Share

Other news

Experts Assess Cryptocurrency Market’s Current Status

The crypto market has been stagnant since March, though experts foresee a potential revival.

a few seconds ago

Bitcoin Demand Significantly Grows with Increasing ETF Interest

Growing interest in ETFs has boosted Bitcoin to $68,700.

a few seconds ago

Shiba Inu (SHIB) Prices Closing in on First Golden Cross of the Year

Shiba Inu (SHIB) is on the verge of its first golden cross since December 2023, potentially signaling price changes.

21 minutes ago

Expert Predicts Bitcoin at $13 Million: Reality or Not?

Michael Saylor predicts Bitcoin could reach $13 million in 21 years, sparking questions and debates.

23 minutes ago

Bitcoin Strengthens: Cryptocurrency Growth Amid Market Trends

Bitcoin's 9% weekly rise lifted altcoin markets. Analysts note support from equity growth and fund activity.

23 minutes ago

Binance Shows Dominance With $100 Trillion Trading Volume Milestone

Binance reaches a historic milestone of $100 trillion in trading volume, reinforcing its position as a major player in the cryptocurrency market.

an hour ago

dapp expert logo
© 2020. DappExpert. All rights reserved.
© 2020. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.