News - Dogecoin creator says with wink: "I won't sell Bitcoin until 1 billion"
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A Dogecoin developer is surpassing Michael Saylor's Bitcoin predictions, saying he will not sell his Bitcoin until it is worth $1 billion (€940 million) per coin.
The current Bitcoin bullrun and numerous all-time highs are causing crypto experts to outdo each other with predictions about how high the price can still rise. But the Dogecoin maker takes the crown.
Billy Markus, one of Dogecoin's two developers, writes in a new post on X: "I won't sell my Bitcoin until it's worth $1 billion." Compared to this, Michael Saylor's predicted $13 million (€12.2 million) per Bitcoin seems modest.
i won’t sell my bitcoin until it’s at 1 billion dollars each
— Shibetoshi Nakamoto (@BillyM2k) November 15, 2024
i have .006 bitcoin
Currently, Bitcoin is trading at $92,100 (€86,600), up 1.02 percent from yesterday. To reach the value of $1 billion (€940 million), the Bitcoin exchange rate would have to rise about 11,000 times.
Yet Markus' comment is not meant seriously, as evidenced by his addition, "I have 0.006 Bitcoin." In doing so, he humorously points out the often exaggerated prediction of many crypto investors.
Dogecoin, the oldest memecoin, recently made headlines of its own. Investors withdrew a $258 billion (€243 billion) lawsuit against Tesla CEO Elon Musk. They previously accused him of price manipulation multiple times.
DOGE is among the strongest performers in the crypto market this year, even ahead of Bitcoin and XRP. While the Ripple token rose 78 percent and Bitcoin recorded 108 percent growth, DOGE exploded with price growth of a whopping 304 percent.
Dogecoin is currently trading at $0.37 (€0.35). Many memecoin fans hope the currency will reach parity with the dollar this year.