Dogecoin defies gravity as co-founder, Billy Markus buys doge

 

Billy Markus, a celebrated co-founder of dogecoin recently revealed via Twitter that he bought into the meme-inspired cryptocurrency “after 8 years of vowing never to buy digital assets again.”

 

I bought dogecoin after 8 years of vowing never to buy crypto again, an hour ago.

 

I have checked the price 7 times so far since then. I was up 10% and now it’s back to up 3%.

 

 

The dogecoin founder’s tweet came at a time crypto assets were suffering a lot of selling pressures, most especially the meme coin losing a substantial amount of its value after hitting an all-time high above $0.70 in the month of May.

 

 

At the time of writing this report, the crypto asset, recorded intense buying pressures as it traded around $0.23, posting daily gains of more than 11% for the day amid selling pressures notably seen in many leading altcoins. The sixth most valuable crypto asset by market value is currently worth about $30.3 billion.

 

Adding support to its present bullish trend is Elon Musk’s recent response to a comment made by dogecoin’s core developer, Ross Nicoll, saying a new fee reduction is “an important improvement.”

What you should know

The meme coin is a type of crypto asset that is decentralized and supports peer-to-peer digital transactions. This means you can send money online with much ease. It is usually referred to as “the internet currency.”

It is different from BTC’s proof-of-work protocol in many ways, one of which is the Scrypt technology. The fast-growing altcoin also has a block period of 1 minute, and the total supply is unlimited, meaning that there is no limit to the amount of Dogecoin that can be mined.

Dogecoin was created by Billy Markus an American entrepreneur and an Australian identified as Jackson Palmer. It was forked from Litecoin about eight years ago.

The meme coin is solely used as a tipping system on popular social media platforms like Twitter and Reddit in order to reward the creation or sharing of quality content.

Dogecoin could eventually hit $1

Elon Musk’s favourite crypto, Dogecoin, gains 635% within a day

Dogecoin breaks new high, far more valuable than Nigerian Stock Market

203 thoughts on “Dogecoin defies gravity as co-founder, Billy Markus buys doge”
  1. Arise, o compatriots, Nigeria’s call obey to serve our fatherland with love and strength and faith the labour of our heroes past shall never be in vain to serve with heart and might one nation bound in freedom peace and unity. O God of creation direct our noble cause guide thou our leaders right

  2. KADUNA STATE UNIVERSITY, KADUNA OFFICE OF THE REGISTRAR

    LETTER OF UNDERTAKING

    Respectfully. I am ………… Parent/Guardian of …… My Son/Daughter/Ward a …… level student admitted in 20 ….. / 20 ….. Academic Session in your esteemed Institution. I hereby write to assure you that my Son/Daughter/Ward will be of good character/conduct and will obey all the rules and regulations of his/her Department and Faculty as well as the university at large.

    I also pledge that my Son/Daughter/Ward should be expelled without warning if he/she engages in any demonstration/protest against the increment in tuition fees or any contrary activities of the University’s rules and regulation.

    Sincerely,

    …… Name of Parent/Guardian

    …… Signature & Date

    ……. Contact Address &Telephone Number

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    Dogecoin defies gravity as co-founder, Billy Markus buys doge

    ByClimaxtrend
    JUN 24, 2021

    Dogecoin defies gravity as co-founder, Billy Markus buys doge

    Billy Markus, a celebrated co-founder of dogecoin recently revealed via Twitter that he bought into the meme-inspired cryptocurrency “after 8 years of vowing never to buy digital assets again.”

    I bought dogecoin after 8 years of vowing never to buy crypto again, an hour ago.

    I have checked the price 7 times so far since then. I was up 10% and now it’s back to up 3%.

    The dogecoin founder’s tweet came at a time crypto assets were suffering a lot of selling pressures, most especially the meme coin losing a substantial amount of its value after hitting an all-time high above $0.70 in the month of May.

    At the time of writing this report, the crypto asset, recorded intense buying pressures as it traded around $0.23, posting daily gains of more than 11% for the day amid selling pressures notably seen in many leading altcoins. The sixth most valuable crypto asset by market value is currently worth about $30.3 billion.

    Adding support to its present bullish trend is Elon Musk’s recent response to a comment made by dogecoin’s core developer, Ross Nicoll, saying a new fee reduction is “an important improvement.”

    What you should know

    The meme coin is a type of crypto asset that is decentralized and supports peer-to-peer digital transactions. This means you can send money online with much ease. It is usually referred to as “the internet currency.”

    It is different from BTC’s proof-of-work protocol in many ways, one of which is the Scrypt technology. The fast-growing altcoin also has a block period of 1 minute, and the total supply is unlimited, meaning that there is no limit to the amount of Dogecoin that can be mined.

    Dogecoin was created by Billy Markus an American entrepreneur and an Australian identified as Jackson Palmer. It was forked from Litecoin about eight years ago.

    The meme coin is solely used as a tipping system on popular social media platforms like Twitter and Reddit in order to reward the creation or sharing of quality content.

    Dogecoin could eventually hit $1

    Elon Musk’s favourite crypto, Dogecoin, gains 635% within a day

    Dogecoin breaks new high, far more valuable than Nigerian Stock Market

    108
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    71 thoughts on “Dogecoin defies gravity as co-founder, Billy Markus buys doge”
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    KADUNA STATE UNIVERSITY, KADUNA OFFICE OF THE REGISTRAR

    LETTER OF UNDERTAKING

    Respectfully. I am ………… Parent/Guardian of …… My Son/Daughter/Ward a …… level student admitted in 20 ….. / 20 ….. Academic Session in your esteemed Institution. I hereby write to assure you that my Son/Daughter/Ward will be of good character/conduct and will obey all the rules and regulations of his/her Department and Faculty as well as the university at large.

    I also pledge that my Son/Daughter/Ward should be expelled without warning if he/she engages in any demonstration/protest against the increment in tuition fees or any contrary activities of the University’s rules and regulation.

    Sincerely,

    …… Name of Parent/Guardian

    …… Signature & Date

    ……. Contact Address &Telephone Number

    108
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  4. I bought dogecoin after 8 years of vowing never to buy crypto again, an hour ago.

    I have checked the price 7 times so far since then. I was up 10% and now it’s back to up 3%.

  5. Dogecoin was created by Billy Markus an American entrepreneur and an Australian identified as Jackson Palmer. It was forked from Litecoin about eight years ago.

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