Billy Markus, the co-founder of Dogecoin, has recently been very active on his X account after cutting his ties with the cryptocurrency. Known for his relationship with Elon Musk, the founder of DOGE, Billy Markus had US presidents in his sights. With less than a year left until the elections, the crypto agenda could shift towards the US elections.
Dogecoin Founder’s Statement
Billy Markus, the co-founder of Dogecoin, felt the need to respond to one of Elon Musk’s posts. He targeted both former and current US presidents, Biden and Trump, criticizing them in various ways. Markus, also known as Shibetoshi Nakamoto, made a derogatory comment implying Trump’s alleged role in restricting freedom of speech. This criticism towards Trump came amidst Musk’s legal battle against California due to Assembly Bill 587, which requires the disclosure of service terms and the fight against hate speech reports.
In addition to his criticism of Trump, Markus expressed his dissatisfaction with Biden’s tax policies. He claimed that those who support taxing billionaires are lacking intelligence.
“Joe Biden thinks you are stupid (and, to be fair, anyone who likes this post). During his presidency, Biden increased the national debt by $3.7 trillion, which is more than the total value of all billionaires in the US.”
Recently, many popular figures, including Mark Cuban, have supported Musk on the issue of freedom of speech policies of X (formerly known as Twitter). Shortly after assuming office, Elon Musk made some disclosures similar to the WikiLeaks documents. These disclosures highlighted various demands from the Biden administration to the X administration, such as silencing dissenters and reducing their interactions.
DOGE Price Analysis
At the time of writing, with BTC approaching the $27,000 mark, the DOGE price fluctuates above $0.062. However, a clear turnaround requires closing above $0.06285. Afterward, the price could target the $0.065 and $0.068 areas. If the Bitcoin price surpasses $28,000 again, a return to the $0.076 peak would not be surprising.
Meanwhile, the rise of BTC did not bring enough volume increase, and the accumulation of short positions suggests a potential downturn for a new liquidation wave.
