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Dogecoin’s Unusual Design Choice: DOGE Founder Breaks Silence
In a recent interview, Billy Markus, the co-founder of Dogecoin, spoke about the cryptocurrency’s unusual design choice and its impact on the market. The news comes as Dogecoin continues to defy expectations, with its price currently standing at $0.408.
The cryptocurrency, often referred to as “the people’s currency,” has been subject to significant speculation in recent weeks. In response, Billy Markus has taken to social media to break his silence and provide some context on the project’s unique approach.
Markus emphasized that the appeal of Dogecoin lies in its honesty and transparency. Unlike many other cryptocurrency projects, Dogecoin does not seek to be anything more than a fun, decentralized, and community-driven currency. This ethos has earned it a dedicated following worldwide.
Regarding recent market fluctuations, Markus expressed his concerns about the potential for a repeat of previous market crashes. “We’ve always believed that the DOGE is an honest project,” he stated in the interview. “It’s easy to see why people might be skeptical about our performance given the current market situation.”
DOGE has always been transparent and open-source, ensuring its community can trust the process of mining and verifying transactions.
Dogecoin’s unusual design choice refers to its initial fair launch in 2013 without any token presale, pre-mine, or VC fundraise. This decision meant there was no business development or marketing department promoting the coin for personal gain.
“We’ve always believed that people should have a say when it comes to their money,” Markus stated during his address.
Regarding recent market fluctuations, Markus expressed his concerns about the potential for a repeat of previous market crashes.
Source: u.today
