Billy Markus, creator of the popular meme coin Dogecoin (DOGE), tweeted about Bitcoin (BTC). After the tweet, Bitcoin briefly gained value and rose to $ 41,551. Then it was back to $39,000. Here are the details…
BTC tweet from Dogecoin founder Billy Markus
Dogecoin creator Billy Markus, in a recent tweet, asked the market to rise for Bitcoin. Markus almost succeeded. In his tweet, the creator of the first meme token asked the community if they could boost for no reason. After this issue, Bitcoin faced a huge increase and rose to $ 41,551 without any specific signal that it would rise to these levels before. Although it is not possible to say for sure whether Markus’ tweet is behind this situation, the timing seems to have gone in parallel.
Markus is also “bullish” for his tweet and community responded to his request. However, Bitcoin experienced a retracement and retraced up to $39,100. At the time of writing, however, another upswing seems to be taking place. The leading cryptocurrency rose to $40,263 in a matter of hours. It’s changing hands at $40,257 at the time of writing.
Dog-themed currencies dropped on a weekly basis
Meanwhile, dog-themed cryptocurrencies, leaders of the meme token army Dogecoin (DOGE) and Shiba Inu (SHIB) ) continues to decline on a weekly basis. Dogecoin, the 13th largest cryptocurrency by market capitalization, has dropped over 3 percent in the past week, according to data. It is currently trading at just over $0.11 per token and is down almost 85 percent from its all-time high of $0.73 last May.
The Shiba Inu isn’t much better off. SHIB is currently trading at $0.0000214 and is down 8 percent last week. Despite its current status, SHIB remains the 15th largest cryptocurrency in the industry, outpacing heavyweights like DAI, Cosmos, and Ethereum scaler Polygon.
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