Monday, February 6, 2023

Founder of Dogecoin criticizes Meme Coins

Meme coins have become part of the crypto space. When asking someone what ‘meme coins’ they know, Dogecoin is probably their first answer. However, creator (who is no longer on the project) Billy Markus recently spoke out against the current ‘meme coin climate’.

Markus mentions the following while talking about meme coins on Twitter:

  • Spam advertising
  • Lying about who is involved in a project
  • Making up ridiculous promises
  • Desperately trying to get Elon’s attention (to promote these coins)

He mentions that Dogecoin was created as satire, making fun of the ‘idiotic’ coins. He then goes on to say that current meme coins aren’t even memes, but are ‘made by people trying to get rich off of other people trying to get rich’.

Ironically (or not), this very Twitter thread, created by Markus, got flooded by spam.

Donat - CryptoCoinia
Copywriter at CryptoCoinia.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Name Price24H % Supply Volume Market Cap
bitcoin
Bitcoin
$23,043.00
-1.20%
19,282,600.00 BTC
$26,756,562,673.00
$444,587,112,208.00
ethereum
Ethereum
$1,637.29
-1.62%
120,511,398.49 ETH
$8,127,244,578.00
$197,589,990,896.00
usdex-stablecoin
USDEX
$1.07
-0.47%
103,350,611,249.42 USDEX
$127,433.00
$110,959,993,107.00
tether
Tether
$1.00
0.0100%
68,064,632,221.56 USDT
$37,007,284,711.00
$68,167,792,183.00
binancecoin
BNB
$329.40
-0.03%
134,940,326.76 BNB
$1,029,108,298.00
$44,501,972,310.00
usd-coin
USD Coin
$1.000
-0.06%
42,024,735,138.63 USDC
$3,161,023,619.00
$42,086,983,885.00
ripple
XRP
$0.402
-2.11%
50,799,084,881.00 XRP
$862,327,074.00
$20,414,032,428.00
binance-usd
Binance USD
$1.000
-0.04%
16,258,271,387.16 BUSD
$9,131,677,798.00
$16,280,858,672.00
cardano
Cardano
$0.398
-0.06%
35,045,020,830.32 ADA
$351,098,155.00
$13,941,272,918.00
dogecoin
Dogecoin
$0.093
-2.40%
138,022,586,383.71 DOGE
$1,006,491,846.00
$12,824,704,063.00
okb
OKB
$45.10
9.95%
246,638,974.00 OKB
$43,496,831.00
$11,116,180,736.00
matic-network
Polygon
$1.21
-2.85%
9,005,469,069.28 MATIC
$571,145,336.00
$10,936,850,520.00
solana
Solana
$23.65
-2.57%
372,566,715.87 SOL
$629,502,926.00
$8,833,946,676.00
shiba-inu
Shiba Inu
$0.000014
-2.24%
589,367,470,473,912.88 SHIB
$1,084,753,611.00
$8,457,483,076.00
staked-ether
Lido Staked Ether
$1,633.86
-1.60%
5,056,010.57 STETH
$26,579,599.00
$8,266,760,052.00
polkadot
Polkadot
$6.72
-2.08%
1,199,699,856.33 DOT
$268,759,073.00
$8,049,172,045.00
litecoin
Litecoin
$96.74
-1.48%
72,216,470.73 LTC
$517,863,207.00
$6,995,812,657.00
avalanche-2
Avalanche
$20.18
-3.71%
315,078,176.04 AVAX
$355,345,135.00
$6,367,744,137.00
tron
TRON
$0.064
0.530%
91,775,194,655.85 TRX
$466,559,929.00
$5,917,866,605.00
uniswap
Uniswap
$6.94
-3.56%
753,766,667.00 UNI
$151,885,331.00
$5,245,125,066.00
dai
Dai
$1.000
0.020%
5,110,233,072.94 DAI
$98,302,107.00
$5,119,666,619.00
cosmos
Cosmos Hub
$14.81
1.49%
292,586,163.83 ATOM
$207,988,426.00
$4,342,912,809.00
wrapped-bitcoin
Wrapped Bitcoin
$22,992.00
-1.12%
176,647.07 WBTC
$108,563,766.00
$4,066,870,756.00
the-open-network
Toncoin
$2.32
-0.13%
1,473,591,410.74 TON
$22,322,554.00
$3,416,390,562.00
leo-token
LEO Token
$3.58
4.08%
931,829,375.90 LEO
$452,009.00
$3,338,695,599.00
ethereum-classic
Ethereum Classic
$23.04
-3.25%
139,142,480.22 ETC
$260,938,898.00
$3,207,376,348.00
monero
Monero
$166.91
-2.64%
18,147,820.38 XMR
$93,873,284.00
$3,031,314,494.00
bitcoin-cash
Bitcoin Cash
$134.91
-1.89%
19,303,987.40 BCH
$522,930,871.00
$2,606,124,635.00
aptos
Aptos
$15.43
-7.63%
162,059,894.72 APT
$380,442,239.00
$2,507,606,239.00
aerarium-fi
Aerarium Fi
$7.15
-13.10%
348,838,065.26 AERA
$16,447.36
$2,491,330,137.00
stellar
Stellar
$0.091
-1.53%
26,318,120,182.54 XLM
$59,892,658.00
$2,406,770,881.00
apecoin
ApeCoin
$5.78
-1.65%
368,593,750.00 APE
$133,837,277.00
$2,133,652,129.00
near
NEAR Protocol
$2.41
-3.86%
853,924,383.12 NEAR
$158,751,055.00
$2,063,237,478.00
crypto-com-chain
Cronos
$0.082
-2.29%
25,263,013,692.00 CRO
$33,426,674.00
$2,062,177,989.00
filecoin
Filecoin
$5.35
-2.94%
379,156,211.00 FIL
$177,530,777.00
$2,031,967,446.00
quant-network
Quant
$139.47
-1.50%
14,544,190.76 QNT
$24,751,277.00
$2,031,541,026.00
algorand
Algorand
$0.261
-1.87%
7,222,669,343.51 ALGO
$93,070,901.00
$1,891,450,901.00
hedera-hashgraph
Hedera
$0.071
-3.03%
26,051,470,160.27 HBAR
$62,652,734.00
$1,846,225,902.00
vechain
VeChain
$0.024
-1.69%
72,511,146,418.00 VET
$79,620,341.00
$1,775,467,043.00
lido-dao
Lido DAO
$2.10
-4.49%
840,671,597.01 LDO
$128,988,125.00
$1,770,283,939.00
internet-computer
Internet Computer
$5.66
-2.14%
284,781,984.17 ICP
$46,520,123.00
$1,616,369,828.00
fantom
Fantom
$0.574
-6.72%
2,776,432,783.73 FTM
$417,337,473.00
$1,594,740,166.00
decentraland
Decentraland
$0.744
-4.64%
1,820,445,385.76 MANA
$154,791,824.00
$1,358,187,165.00
the-sandbox
The Sandbox
$0.744
-3.93%
1,759,532,026.22 SAND
$201,106,587.00
$1,312,996,839.00
humans-ai
Humans.ai
$0.026
-11.56%
0.00 HEART
$400,426.00
$1,309,127,902.00
axie-infinity
Axie Infinity
$11.05
-2.60%
115,200,700.03 AXS
$116,388,900.00
$1,276,263,365.00
aave
Aave
$86.32
-2.68%
14,261,834.42 AAVE
$87,103,859.00
$1,232,015,032.00
eos
EOS
$1.09
-1.21%
1,093,571,878.85 EOS
$135,798,256.00
$1,195,067,127.00
flow
Flow
$1.12
-2.87%
1,036,200,000.00 FLOW
$43,815,312.00
$1,160,893,523.00