Social media brings everything and everyone together. It used to be nearly impossible to message famous people, but now famous people respond to seemingly normal messages. For example, Billy Markus, the creator of Dogecoin, answered a question from an influencer.

2 hours of building and Dogecoin became $90 billion
Markus said on Twitter that he built Dogecoin in hours, left the project alone and was soon worth $90 billion. This was 8.5 years after he left the project.
The conversation started when influencer Anthony Pompliano wondered if there were examples of a $1 billion company built without a workforce. Markus was quick to respond and shared the story of his Dogecoin, the popular cryptocurrency he founded in 2013.
I created a cryptocurrency in hours and left the project and it traded a day 8.5 years later with a market cap of $90 billion
—Shibetoshi Nakamoto (@BillyM2k) April 7, 2023
Dogecoin copy of Litecoin
However, another Twitter user, Pjb, challenged Markus by suggesting that Dogecoin is just a copy of Litecoin, another well-known cryptocurrency. Markus defended his creation by drawing an analogy between the user’s tweet and using an already created keyboard.
did you create your tweet or did you just type letters on the keyboard already created for you?
It is very important to make this distinction between father, husband, Ph.D.
—Shibetoshi Nakamoto (@BillyM2k) April 7, 2023
Dogecoin has been back in the spotlight lately. That’s because Elon Musk instructed Twitter programmers to change the logo to Dogecoin. This led to a rally where the cryptocurrency gained about 30% in value.
What is the value of Dogecoin?
However, the price increase was short-lived as the rally quickly reversed and Dogecoin’s value plummeted. Dogecoin’s brief price rise and subsequent fall underlines the volatility of the cryptocurrency market. There are also rumors that changing the logo to Dogecoin is actually insider trading.
While it is true that Dogecoin has provided significant benefits for some investors, many experts argue that its success is largely due to the hype and influence of social media rather than any inherent value or usefulness.
Still, Dogecoin remains a popular cryptocurrency with a dedicated community of supporters and investors.
Source: Btc Direct

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.