Analysis

Dogecoin (DOGE) Founder Advises Against Investing in Memecoins and NFTs, Call Crypto Scene ‘Stupid’

The founding father of Dogecoin (DOGE) is issuing a warning towards buying and selling memecoin and non-fungible tokens (NFTs) as he calls the crypto house even “stupider” than it was a decade in the past.

In a brand new thread, DOGE creator Billy Markus, identified on Twitter as Shibetoshi Nakamoto, reaffirms that Dogecoin was began as a joke to make enjoyable of the crypto scene, which he says has gotten even worse.

“DOGE was made 10 years in the past to make enjoyable of how silly the scene was again then. It’s even stupider now, and individuals are simply enjoying poker towards one another and making an attempt to dump their luggage on one another. It doesn’t trouble me, that’s simply all it’s. Y’all can cease harassing me please.”

Markus says he’s bored with being harassed over Dogecoin, an asset he based over a decade in the past however has nothing to do with anymore. He provides that the house harbors some “awful, merciless folks.”

“Q: Do you signify DOGE? A: No

Q: Do you’ve gotten any skilled involvement with DOGE? A: No. Haven’t touched it for 10 years.

Q: Are you jealous of the success of different cash and tokens? A: I actually don’t care, I simply don’t like being harassed and attacked for clout…

It’s simply dumb as a result of like, it’s not my mission, I simply based it 10 years in the past. There are such a lot of ridiculous narratives about it, it was ‘rugged,’ blah blah. This house is stuffed with so many actually awful merciless folks. A minimum of there are some good ones too.”

Moreover, when requested if he’d fairly spend money on memecoins or non-fungible tokens (NFTs) if he was making an attempt to show $1,000 into $100,000, Markus replied with “neither.”

Dogecoin is buying and selling for $0.08 at time of writing, a 2.9% drop over the past 24 hours.

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