Dogecoin Co-founder Billy Marcus Reveals Today How Many DOGE He Owns
The cryptocurrency created back in 2013 as a joke by Billy Marcus and Jackson Palmer now is the 12th biggest cryptocurrency with a market capitalization of $25 billion dollars.
On December 27th, Billy Marcus said on his official twitter account that he holds approximately 220,000 DOGE and that he is not working on the Dogecoin project, but he is a regular member of the DOGE community.
He also said that he isn’t going back to be part of the project because the more he dedicated to the project, the community treated him worse.
Marcus also commented that he doesn’t owe anything to the crypto community, and he is free to talk about anything he wants.He also supports the people that are working to improve the crypto space and is disappointed in the ones that aren’t making it better.
Billy Marcus got his attention in 2021
“I’m no longer part of the Dogecoin project. I left around 2015, as the community started to strongly shift from one that I was comfortable with. I don’t currently own any Dogecoin, except what has been tipped to me recently, I gave away and/or sold all the crypto I had back in 2015, after being laid off and scared about my dwindling savings at the time, for about enough in total to buy a used Honda Civic.” Billy Marcus said on Reddit.
Six months later, in June, he tweeted that he bought some DOGE after he promised 8 years ago that he would never buy crypto again.
A strong year for DOGE in 2021
It has been a good year for DOGE and crypto in general. Although DOGE is at $0.19 at the time of writing, it is actually down 72% from it’s all time high ($0.68) in May. However, it is still up +4,000% in comparison with its price from a year ago. Elon Musk took a huge influencer role on its price movement during this year, especially when he appeared on Saturday Night Live talking about Dogecoin, which was the same time that the cryptocurrency had its ATH.
Last October, AMC Theatres announced that they will be accepting DOGE to buy digital gift cards, and recently this month, Elon Musk announced that DOGE will be accepted in Tesla as a form of payment for some merchandise.
It appears that DOGE is no longer a joke and it is used to buy real things, Billy Marcus 8 years ago wouldn’t have imagined that DOGE would have come this far. The co-founder has made it very clear that he doesn’t want to be a part of the project again, and as the global crypto adoption continues, we can expect DOGE to continue to grow next year.