Dogecoin Founder Issues Major Crypto Crash Warning

Billy Markus, a software engineer who created the iconic meme cryptocurrency, Dogecoin, in collaboration with Jackson Palmer, issued a major warning about a potential crypto crash.

He also published has also revealed a list of his favorite cryptocurrencies. DOGE, of course, is on it, apart from a few others.

Markus is known on X and other social media platforms under the pseudonym Shibetoshi Nakamoto, which a jesting reference to the Bitcoin creator, Satoshi Nakamoto. Besides, DOGE also contains a reference to Bitcoin, since Dogecoin is based on the BTC code.

'Crypto crash' warning from Dogecoin creator

Shibetoshi Nakamoto is known for his jesting and sometimes also sarcastic statements on various topics on X, including cryptocurrency price movements and crypto trading. This time, he published a tweet that might be viewed as a big crypto warning if it weren’t for one nuance.

He warned investors not to open the website of a real-estate platform Zillow, since it may cause crypto prices, even high ones, to drop instantly: “remember, no matter how high crypto goes, don’t open zillow, it’ll cause an instant crash.”

Markus added: “all crashes are cuz someone opened zillow,” ironizing about research that noted that real estate goes up in price once the crypto market faces a correction. Another example of Markus’s ironic attitude to the cryptocurrency market and its volatility.

Commenting on the current crypto market bull run, he jokingly tweeted: “crypto should go up 8% every day imo.”

DOGE founder's favorite cryptos revealed

In a recent tweet, Markus revealed his four favorite cryptocurrencies, providing the reasons why he chose those particular coins. Apparently, this tweet came as a response to multiple questions and requests to share his crypto preferences.

So, number one for Shibetoshi Nakamoto is the king crypto, Bitcoin – because it’s “the OG” (“original gangster”). Ethereum comes second on the list, since Markus holds some of it. The third one is Dogecoin (because “I made it”). Finally, number four is AVAX – because Billy Markus is fond of playing computer games.

Last year, Markus also revealed that he holds Bitcoin. However, the amount is much smaller than just one coin – 0.006 BTC, currently worth $712.63.