Dogecoin inventor Billy Markus opened fire on the Bitcoin community from account X today. He harshly denied claims that BTC is the cryptocurrency of the future.
“Bitcoiners are literally terrible at marketing”
Billy Markus takes the competitive atmosphere in the cryptocurrency world one step further by opposing Bitcoin advocates through his X account. Markus, known as the founder of Dogecoin, questioned the ongoing claims about Bitcoin’s superiority today. Markus’ statements were about interesting conspiracy theories put forward by a Bitcoin maximalist…
Bitcoin maximalists believe that Bitcoin is superior to all other cryptos. In a video that went viral on social media, one of these advocates suggests that BTC is not a cryptocurrency, but instead is the future of war, the future of security, and the future of people who want to protect their data:
man bitcoiners are the literal worst at marketing
“come join our clearly mentally ill group of insecure losers!”
— Shibetoshi Nakamoto (@BillyM2k) August 12, 2023
Dogecoin founder slammed the theory
The Dogecoin co-founder’s comment was a clear indication that he disagreed with the clip’s content. Markus gave the following harsh response to the video shared by an X account named Udi Wertheimer:
Bitcoiners are literally terrible at marketing. “Join our group of clearly mentally ill, insecure losers!”
Speaking of X, the former Twitter owner, Elon Musk is currently under the eye of the DOGE and XRP communities. The crypto communities are increasing the pressure to integrate DOGE and XRP payments on the platform. Recently, Musk shared a video stating that the new social media platform will have special benefits for content producers. This development was followed by messages from numerous members demanding Dogecoin and XRP payments.
Our goal is to make this the best platform for creators around the world! https://t.co/hezPrYWmOp
— Elon Musk (@elonmusk) August 11, 2023
Dogecoin gains momentum
The crypto market is witnessing an independent meme coin rally on the weekend of August 11th. Dogecoin, PEPE, SHIB, and APE posted double-digit gains on the day. In particular, the Shiba Inu (SHIB) social volume increased by a staggering 19% during the last rally. Santiment interpreted the data in a SHIB-specific analysis:
Prices for altcoins are up a bit today, but most medium and small capitals are still struggling to gain any traction on the weekly timeframe. Meanwhile, many traders have shifted their focus to the Shiba Inu. SHIB grew +19% with increased social volume.
SHIB price is currently trading in the $0.00001094 region, where it has gained 10% intraday. The additional volume helped it reach the top 10 by market cap. As we covered in the cryptokoin.com analysis, the momentum also includes other big meme coins. Santiment argues that these movements were a “coordinated effort.”
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