Dogecoin Founder’s Hilarious Take on Crypto’s Latest Drama! 😂💸

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So, Billy Markus, the genius behind the legendary meme currency Dogecoin (you know, the one that makes you question your life choices), has decided to grace us with his thoughts on the latest crypto market hiccup. He’s not just any ordinary guy; he’s “Shibetoshi Nakamoto” on the X social media platform, which sounds like a character from a bad anime, but I digress.

When Bitcoin Sneezes, the Whole Market Catches a Cold 🤧

In a shocking turn of events, the world’s biggest cryptocurrency, Bitcoin, has taken a little tumble—over 2% to be exact. It’s like watching your favorite rollercoaster drop suddenly, except this ride costs you a fortune. BTC went from a dizzying $105,500 to a mere $104,400. Talk about a dramatic fall from grace! Since Thursday, it’s lost about 5%, which is like losing your wallet at a bar—painful and embarrassing.

And guess what? The rest of the crypto world decided to follow Bitcoin into the red zone like a bunch of lemmings. In the last day, the top 20 coins (and those poor souls further down the list) dropped between 2% and 8%. It’s like a bad group project where everyone fails together.

Markus tweeted his feelings, saying, “I liked crypto about 10% better yesterday.” Well, that’s just peachy, isn’t it? 🙄

i liked crypto about 10% better yesterday

— Shibetoshi Nakamoto (@BillyM2k) May 30, 2025

Now, why did Bitcoin decide to crash? Well, it seems trade tensions between the U.S. and China are heating up again, like a bad soap opera. After some talks in Switzerland (because where else would you discuss financial disasters?), Bitcoin had a slight rebound when the personal consumption expenditures (PCE) price index—yes, that’s a mouthful—slipped by 0.1%. This brought the overall inflation rate to a whopping 2.1%, the lowest in 2025 so far. But alas, it didn’t stop Bitcoin from slipping further. It’s like trying to hold onto a greased pig at a county fair.

Shibetoshi’s Skeptical View on Crypto: A Comedy of Errors 🎭

Billy Markus is not just a meme lord; he’s also a skeptic when it comes to investing in crypto and NFTs. He once compared trading to a mental illness, which is a bold statement, but hey, who hasn’t felt a little crazy after checking their portfolio? He doesn’t believe that analysts or traders can predict crypto price movements. It’s like trying to guess the ending of a movie you’ve never seen—good luck with that!

In his tweets, Markus often shares his skepticism. He’s not buying into the hype of Bitcoin soaring to a million bucks per coin. As for his own crypto stash, he’s got a tiny bit of Dogecoin and a measly 0.001 BTC. Fun fact: he sold almost all his Dogecoin back in 2015 to buy a used Honda Civic. Priorities, right? 🚗💨

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2025-05-31 14:46