On Fridays, Billy Marcothe co-founder of Dogemoneta DOGE/USD, shared an unusual statement on X, formerly known as Twitter, about meme currency. This came as DOGE saw a significant price increase, jumping 18% overnight, catching the market’s attention.
Markus, also known by his screen name “Shibetoshi Nakamoto,” took to the platform to reflect on Dogecoin’s journey, humorously noting it as an indicator of “how retarded people are becoming.”
The comment linked to a 2013 Bitcoin forum post, which highlighted DOGE’s original intent to be a “late” currency. Dogecoin price has seen a notable increase, rising by 22.76% in the last 24 hours.
Dogecoin’s surge in value is part of a broader rally in the cryptocurrency market, largely led by Bitcoin Bitcoin/USD recent earnings.
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Bitcoin has surged 21.74% since the start of the week, briefly reaching the $64,000 mark. This rally was fueled by enthusiasm over the approval and launch of Bitcoin spot exchange-traded funds (ETFs), with Black rock leading the charge with a $10 billion Bitcoin stake.
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