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February 24, 2022

Dogecoin Creator Against Meme Coins?

Billy Markus, the founder of the Dogecoin (DOGE), appeared to be frustrated by the number of meme coin spammers flooding his Twitter threads, and blasted the crypto shillers in a series of tweets.

Markus recounts how DOGE was created more than eight years ago as a true meme mocking idiotic coins. However, the creator points out that meme coins are no longer memes. Markus stated that they are created by people who want to get rich off of other people who want to get rich.

https://twitter.com/BillyM2k/status/1496525816490074118?s=20&t=0fV4TqGYqcmEdJ1VlYBeHg

Markus proceeded with his rant by displaying Binance Smart Chain tokens. According to him, these cryptocurrencies have harmed the internet in every way. He also stated that he doesn’t mind if people want to gamble, but he asked that spam ads be removed from his threads. Finally, he stated that these inconsequential advertisements make the internet less enjoyable.

Many of Markus’ over one million Twitter followers saw the tweets and expressed their own frustrations. Despite the fact that the DOGE creator made his points clearly, meme coin spammers continued to flood the thread with meme coin advertisements.

In January 2021, Dogecoin became one of the top ten cryptos in terms of market capitalization. According to Cointelegraph Markets Pro,  DOGE is currently trading at $0.11 per token, keeping it in the top nine cryptos by market capitalization despite a 17% drop on the day.

One of Cointelegraph’s experts recently suggested DOGE as a token with a high return on investment in 2022, citing notable backers Elon Musk and Mark Cuban in a recent discussion of meme coins.

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