“99 percent of altcoins will sink”

In these days when the crypto money industry is going through a turbulent period, there are remarkable developments. Among the contributors to these developments are Dogecoin (DOGE) team was also present. You will have those who remember; one of the founding partners of Dogecoin, who made a statement recently Jackson Palmer, Accused Elon Musk of fraud.

Now, another statement has come from the Dogecoin front. Co-founder of Dogecoin Billy Markusmade a statement about altcoins. In this statement, Markus said that altcoins 99 percent will sink, see zero told. According to Marcus, major cryptocurrencies could lose around 90 percent.

“500 tokens are released every day”

According to Dogecoin co-founder 500 new tokens are released every day and these tokens have little to no chance of surviving. From this, we can deduce that Billy Markus does not trust cryptocurrencies very much. With this; There is one more thing that Markus does not trust. Dogecoin’s boss, web 3.0’s thinks it’s gambling.

Let’s not go without saying that Billy Markus has a different mindset. In 2015, he sold all the DOGEs he had because he needed the money. car area Markus is one of the happiest entrepreneurs in the cryptocurrency world. Because Dogecoin was trading at $ 0.0001 in 2015. The altcoin, which became famous with the support of Elon Musk, rose to $ 0.65 in 2021. So in between 6,500-fold rise aforementioned. Let’s say that the price of Dogecoin is currently trading at $ 0.085 …

*This content is not investment advice.