Dogecoin Co-Founder Urges Community Not to Focus on Price

Alex Dovbnya

Dogecoin Co-Founder Billy Markus Says Hype Is Unsustainable

Dogecoin co-founder Billy Markus has urged the community in his recent tweet not to focus on “unsustainable” hype.

He argues that investors should shift their focus from price speculation to building and improving promising projects with long-term potential. The meme coin is down more than 80% from its record high.

Even making a meme about Dogecoin will make a positive contribution to the community, according to Markus.

The software engineer behind the most famous prank cryptocurrency claims that toxicity will negatively affect the Dogecoin brand, hurting its adoption. He encourages people to have fun with his creation without getting too “crazy” and “just”.

Minted from the source code of the Litecoin fork Lucky Coin in 2013, Dogecoin exploded in popularity in 2021 and reached mainstream adoption. As reported by U.Today, Elon Musk’s Tesla has allowed its customers to buy some merch with the meme coin.

On Wednesday, Litecoin founder Charlie Lee praised Dogecoin for its role in pushing crypto into the mainstream.

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