Critical Statement from Dogecoin Founder: What Did He Say?
The massive crash in the cryptocurrency market over the last two days has shocked the entire industry. In the process, more than $500 billion of market value was wiped out. These dramatic developments Dogecoin The reactions of Billy Markus, founder of , were both surprising and humorous.
On social media platform X, Markus posted that the general mood in the market was largely ignored. Ethereum spot ETFHe shared a screenshot of some of the positive comments on headlines following the release of the .
Markus criticized the media's handling of the incident and stated that he thought the news was not in line with the bloody picture in the market. The Dogecoin founder, in a humorous and sarcastic tone, stated that the media failed to follow market sentiment. Markus is known as Shibetoshi Nakamoto on the X platform crypto- He ironically addressed the market crash. After a user X shared a screenshot showing the word “kamala” in Google translate meaning “terrible” in Finnish, Markus highlighted the plight of the market by calling it “kamala”. Here, the Dogecoin founder humorously expressed the dire state of the market.
Biggest Three-Day Crypto Crash
The massive crypto crash that began on Sunday and continues today was triggered by poor employment data and a lull in tech stocks. It also brought concerns about a global economic recession back to the forefront. At the time of writing, Bitcoin (BTC) is trading at $51,806, down 14.53% in the last 24 hours. Around $371 million worth of liquidations were made in the Bitcoin market during this period. It looks like there will be more difficulties in the broader crypto market this week. The reactions of industry leaders like the founder of Dogecoin show that this downtrend is widespread.
