{"id":136378,"date":"2024-08-29T08:00:00","date_gmt":"2024-08-29T05:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136378"},"modified":"2024-08-28T17:30:12","modified_gmt":"2024-08-28T14:30:12","slug":"dogecoin-creator-critiques-bitcoin-price-drop-and-social-issues-with-ironic-tweet","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dogecoin-creator-critiques-bitcoin-price-drop-and-social-issues-with-ironic-tweet\/","title":{"rendered":"Dogecoin Creator Critiques Bitcoin Price Drop and Social Issues with Ironic Tweet"},"content":{"rendered":"<p>His latest tweet brings attention to both a recent <strong><a href=\"https:\/\/cryptodnes.bg\/en\/crypto-market-is-bleeding-again-bitcoin-falls-below-59000\/\">Bitcoin price drop<\/a><\/strong> and a broader societal concern.<\/p>\n<p>Markus highlighted <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s<\/a><\/strong> recent decline of 7.22%, which saw its price fall from around $62,170 to $58,630. Although Bitcoin has since recovered slightly to $59,430, Markus <strong><a href=\"https:\/\/x.com\/BillyM2k\/status\/1828560156931846375?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1828560156931846375%7Ctwgr%5E3dd638b852a9316685175b24c070234a46548288%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fdogecoin-founder-issues-bitcoin-profit-statement-as-btc-plunges-722\" target=\"_blank\" rel=\"nofollow\">shared<\/a><\/strong> a CoinDesk article with the headline, \u201cBitcoin drops as traders take profits,\u201d and quipped, \u201cYou guys are taking profits?\u201d<\/p>\n<p>Following a strong week where Bitcoin rose over 11% and briefly held above $62,000, the cryptocurrency faced a pullback after comments from Fed Chair Jerome Powell about potential interest rate cuts.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-btc-shows-increased-correlation-with-u-s-stocks\/\" title=\"Bitcoin (BTC) Shows Increased Correlation with U.S. Stocks\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-7116924_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin (BTC) Shows Increased Correlation with U.S. Stocks<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>In a typical blend of dark humor, Markus also <strong><a href=\"https:\/\/x.com\/BillyM2k\/status\/1828584932341620874?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1828584932341620874%7Ctwgr%5E3dd638b852a9316685175b24c070234a46548288%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fdogecoin-founder-issues-bitcoin-profit-statement-as-btc-plunges-722\" target=\"_blank\" rel=\"nofollow\">tweeted<\/a><\/strong>, \u201cYou are not depressed; you just need 10 million dollars,\u201d sparking a lively discussion about the impact of wealth on mental well-being.<\/p>\n<p>While some agreed with Markus\u2019s critique of income disparity, others debated the limitations of money in solving personal problems. The tweet also prompted various responses, including memes and discussions on the effectiveness of antidepressants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.<\/p>\n","protected":false},"author":3,"featured_media":36351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,27],"tags":[],"class_list":["post-136378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Creator Critiques Bitcoin Price Drop and Social Issues with Ironic 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