Dogecoin co-founder: 95% of cryptocurrencies are scams or scams!
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Answer Dogecoin co-founder: 95% of cryptocurrencies are scams or scams!
Dogecoin co-founder Billy Marcus stated that 95% of cryptocurrencies are scams or petty projects in the world. Tweet modern to him.
Some users have accused Marcus of lacking self-awareness because he has already co-founded a pointless cryptocurrency that generates countless scams.
In his defense, the Dogecoin co-founder countered that the world’s most popular meme coin was made as a “satirical coin”.
Marcus also emphasized that he preferred quality over quantity.
The Dogecoin project, which was launched in 2013, gained immense popularity last year despite the lack of developer activity.
Despite the coin being dismissed by many as a scam, it has managed to turn some of its fans into millionaires.Read:Determining the launch date for the main network of Project Elrond
Its earnings have been driven mainly by billionaire Elon Musk, who has dedicated his Twitter account to spreading memes about the coin.
However, the massive Dogecoin rally was not sustainable.
Dogecoin price is now down more than 87% from its record peak.
However, despite it being a joke, it performed relatively well compared to LUNA, which lost 100% of its value in a matter of days.
Marcus recently tweeted that Do Kwon, the controversial co-founder of Terra, will be forced to leave the cryptocurrency industry for good.
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