Dogecoin inventor Billy Markus, in his statements on his Twitter account, accused altcoin projects designed to raise funds using the name “Elon Musk” as “ponzi” and made harsh criticisms.
Billy Markus says some altcoin projects are ponzi
Billy Markus, founder and developer of Dogecoin, the largest “meme coin” by market capitalization, recently tweeted that other meme cryptos like Shiba Inu expressed his dissatisfaction and harshly criticized the projects. According to Billy Markus, also known as Shibetoshi Nakamoto on Twitter, developers of meme coin/token projects other than Dogecoin are “trying to get rich by supporting investors who want to make quick profits”. Insinuating that these teams are trying to capitalize on the name “Elon Musk,” Markus says:
Spam advertising means lying about who’s involved in a project, making silly promises, using you desperately to get Elon’s attention, etc. It’s not clever or fun. Remember what Dogecoin did 8 years ago. As a humor…The current “meme” coins are not even memes. They’re made by people trying to get rich from other people trying to get rich.
Elon Musk raises corporate interest in Dogecoin (DOGE)
In the recent developments we covered in the news of Kriptokoin.com, we witnessed the announcement of a number of giant companies that have adopted Dogecoin as a payment method. SpaceX and other companies headed by Elon Musk, especially Tesla, have plans to accept Doge. Electric car giant Tesla has already accepted Dogecoin, and the price skyrocketed by 30% after the Twitter announcement by Elon Musk.
After that, Tesla CEO’s fast giant McDonald’s Doge’ We saw his tweet below on accepting .
However, McDonalds did not respond to this request and due to intense pressure from the community, “ He made a statement out of formality saying that they will think about it. Following this development, announcements were made that a number of restaurant businesses from Europe added Dogecoin to their list of payment methods. Meanwhile, British law firm GunnerCooke’s addition of Doge and a host of other major cryptocurrencies to its roster is in the latest developments.
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