Dogecoin Worth Surges After Co-founder, Billy Markus Reveals He Bought Doge

My1sttoday: Dogecoin worth surges after Co-founder, Billy Markus reveals he bought Doge. Aka “Shibetoshi Nakamoto” revealed on Twitter that he bought into the meme-inspired cryptocurrency “after 8 years of vowing never to buy digital assets again.”

The dogecoin founder’s tweet came at a time crypto assets were suffering a lot of selling pressures, most especially the meme coin losing a substantial amount of its value after hitting an all-time high above $0.70 last month.

At the time of writing this report, the crypto asset, recorded intense buying pressures as it traded around $0.26, posting daily gains of more than 11% for the day amid selling pressures notably seen in many leading altcoins.  The sixth most valuable crypto asset by market value is currently worth about $30.3 billion.

Adding support to its present bullish trend is Elon Musk’s recent response to a comment made by dogecoin’s core developer, Ross Nicoll, saying a new fee reduction is “an important improvement.”

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