The hype that meme tokens live on is the most bitcoin disturbs its maximalists.
Because maximalists are uncomfortable with these tokens absorbing the volume in the market by just taking advantage of speculation without any technological promises.
This discomfort occasionally led to verbal squabbles and trade wars.
The clearest indication of this war took place in 2021, at a time when the Doge coin rally accelerated.
While Dogecoin is taking firm steps towards $1, Barry Silbert, the founder of Grayscale, the company with the most Bitcoin and crypto assets in the world, said that we are shorting (selling) Dogecoin.
Shorting Dogecoin at $0.74 levels, Silbert prevented Dogecoin from reaching $1 with the atmosphere of fear it created.
Because after this statement, Dogecoin could not see those levels again.
Today, after it was almost certain that Elon Musk would buy Twitter, Dogecoin started to rise, positively separating from the market.
An interesting sharing came from Silbert, who was not indifferent to the effect of the bond between Elon Musk and Twitter on Dogecoin.
“I can’t believe it crossed my mind to buy Dogecoin today,” said the famous name that prevented Dogecoin from reaching $1.
Can’t believe buying DOGE actually crossed my mind today
— Barry Silbert (@BarrySilbert) April 25, 2022
While it is a question of whether Silbert will buy Dogecoin after so much criticism, Dogecoin continues to rise by positively separating from Bitcoin. As of our news time, 1 Dogecoin is $ 15.40.
*Not Investment Advice.