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 asked the market to go bullish for Bitcoin in a recent tweet. 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 also reacted to his own tweet and his willingness to “bullish” to the community. 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 drop on a weekly basis
Meanwhile, dog-themed cryptocurrencies continue to drop on a weekly basis, with the leaders of the meme token army Dogecoin (DOGE) and Shiba Inu (SHIB). 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 is not doing much better. 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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