Dogecoin Co‑founder Sarcastically Doubts Immediate New Crypto ATHs
Billy Markus (Shibetoshi Nakamoto), co‑founder of Dogecoin, posted a sarcastic message on X saying crypto "is doing good" but he does not expect Bitcoin or Ethereum to hit new all‑time highs (ATHs) soon. Markus, who publicly respects only a few top tokens including BTC, ETH and DOGE, reiterated his skeptical view of crypto trading and NFTs — likening trading to gambling or a mental affliction. The piece notes Bitcoin’s last ATH on Oct 6 at $126,198 and that BTC currently trades roughly 25% below that level, near $95,000 following recent geopolitical and regulatory developments in the US. The article also references Markus’s separate tweet lamenting the impact of AI on younger workers. Key keywords for SEO: Dogecoin, Billy Markus, Bitcoin ATH, Ethereum, crypto market, crypto trading skepticism.
Neutral
The direct market impact of a founder’s sarcastic tweet is limited. Markus’s comments reflect personal skepticism and can influence sentiment among community followers but do not present new on‑chain data, regulatory action, or macroeconomic catalysts that typically move markets. BTC is already ~25% below its Oct 6 ATH due to broader geopolitical and regulatory pressures mentioned in the article; Markus’s remark may modestly reinforce cautious sentiment among retail traders, possibly contributing to short‑term sideways or slightly risk‑off behavior in meme coins and speculative altcoins. Historically, social commentary from influential figures can spark short‑lived volatility in small‑cap tokens but rarely changes the trajectory of major assets unless accompanied by substantive news (regulation, exchange listings/delisting, on‑chain events). For traders: expect neutral-to-cautious short‑term reaction in DOGE and other meme tokens, with little to no long‑term effect on BTC/ETH fundamentals unless further negative news emerges.