Dogecoin (DOGE) Founder Billy Markus Reveals His Number One Rule for Crypto Plus His Favorite Tokens

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The founding father of well-liked meme asset Dogecoin (DOGE) is revealing his primary rule in relation to investing in digital property, in addition to his favourite tokens.

In a brand new thread, DOGE co-creator Billy Markus, often known as Shibetoshi Nakamoto, says that merchants shouldn’t put extra money into crypto property than they’d be keen to see set ablaze in a fireplace.

“My #1 rule of crypto is rarely put extra money into it than you’re keen to burn in a fireplace.”

Markus goes on to call his favourite digital currencies, which embrace the highest two digital property by market cap, Bitcoin (BTC) and Ethereum (ETH). He additionally described Dogecoin as “Bitcoin in a canine swimsuit” and mentioned that he’s not a fan of ERC-20 tokens, property constructed on prime of ETH.

“I like the most important gamers (BTC, ETH), and Doge is simply Bitcoin in a canine swimsuit. I don’t like mainly any ERC-20 token.”

Earlier this yr, Markus warned buyers towards investing in memecoins and non-fungible tokens (NFTs), saying that the crypto house has change into “stupider” over the past 10 years, likening it to playing.

Dogecoin is buying and selling for $0.0617 at time of writing, an 8.1% lower over the past 24 hours.

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