Dogecoin Co-Founder Billy Markus Trolls Crypto “Crashes”

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Billy Markus, the Dogecoin co-founder and a well-known X personality under the pseudonym Shibetoshi Nakamoto, has once again caught the attention of the crypto community.

This time, Markus posted a mysterious chart showing a dramatic price drop of an unnamed asset, sending his 2.2 million followers into a frenzy.

A Crypto Crashâ€”or Just a Joke?

The chart in question illustrated what appeared to be a massive downward plunge in price, suggesting a catastrophic market event. However, upon closer inspection, the actual decline was only 0.5%. This subtle yet humorous detail led many to believe that Markus was satirizing mainstream financial media, which often sensationalizes minor fluctuations in cryptocurrency pricesâ€”particularly Bitcoinâ€”by branding them as “crashes.”

pic.twitter.com/d87CYEHtVJ
— Shibetoshi Nakamoto (@BillyM2k) March 15, 2025

While some followers immediately understood the joke, others were left confused, asking the Dogecoin co-founder to clarify which asset he was referring to. Some even requested a direct link to the chart he shared.

Also read: Will Dogecoin Reach $1?

Dogecoin Co-Founder No Longer Holds DOGE?

Beyond the trolling, another revelation emerged from on-chain data. According to Arkham Intelligence, the wallet associated with Markus does not currently contain any Dogecoin. This comes as a surprise, given that he previously confirmed holding 226,317.86 DOGE as of October 2023.

Instead, the wallet now holds several small-cap cryptocurrencies, including:

100,000 Shiba Inu (SHIB) â€“ the self-proclaimed “Doge killer”
0.227 ETH (Ethereum)
70,000 Grok (GROK)
200 ApeCoin (APE)
274.449 NEIRO
1 PEPE coin

Also read: Dogecoin vs Bitcoin: Which is Better?

While Markus has been vocal about his detachment from Dogecoinâ€™s ongoing development, his recent shift in holdings has fueled speculation. Some community members view his SHIB holdings as ironic, given Dogecoin and Shiba Inuâ€™s historical rivalry in the meme coin space.

A Legacy of Humor in Crypto

The Dogecoin co-founder has long embraced a lighthearted approach to crypto, often making fun of market hysteria and the unpredictability of digital assets. His latest post aligns with his well-documented history of trollingâ€”reminding traders that not every price dip signals the end of the world.

Also read: Is Dogecoin Dead? Unpacking the Current State of the Meme Cryptocurrency

Whether his Dogecoin holdings are truly gone or simply moved to another wallet remains unknown. However, his engagement with meme coins remains strong, proving that even as the crypto market evolves, Markusâ€™ humor and influence remain as potent as ever.

Author

Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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