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

April 27, 2023
in Altcoin
Reading Time: 2 mins read
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The founding father of Dogecoin (DOGE) is issuing a warning in opposition to buying and selling memecoin and non-fungible tokens (NFTs) as he calls the crypto area 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 persons are simply taking part in poker in opposition to one another and attempting to dump their luggage on one another. It doesn’t hassle 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 area harbors some “awful, merciless individuals.”

“Q: Do you characterize 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 challenge, 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 area is stuffed with so many truly awful merciless individuals. No less than there are some good ones too.”

Moreover, when requested if he’d quite spend money on memecoins or non-fungible tokens (NFTs) if he was attempting 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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Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in affiliate marketing online.

Featured Picture: Shutterstock/Almujaddidi

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Tags: AdvisesCallCryptoDOGEDogecoinFounderInvestingmemecoinsNFTssceneStupid
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