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Dogecoin co-founder Billy Markus has recently highlighted a huge influx of daily bitcoin ETF inflows, amidst the current market downturn. In a tweet, he responded to another user’s comment with the popular acronym “WAGMI,” which stands for “we’re all gonna make it.” This phrase is often used in times of uncertainty or market volatility to boost morale and add positivity.
However, the response from Shibetoshi Nakamoto, also known as Billy Markus himself, comes across as ironic given the recent significant price drop both in Bitcoin and Dogecoin. The tweet has gained attention on social media platforms, with many users pointing out the seeming incongruity between his words and the current market situation.
As of writing this article, Dogecoin is trading at $0.0003, down 15% over the past 24 hours. Meanwhile, Bitcoin’s price has taken a hit as well, dropping by around 6% in the same time period.
It remains to be seen if Markus’ “WAGMI” comment will spark renewed interest and optimism among crypto enthusiasts or whether the sentiment shift could have further implications for the market.
Sources:
https://twitter.com/BillyM2k/status/1594554412116541184
Source: u.today
