Billy Markus, the co-creator of Dogecoin (DOGE), says that ‘Shiba don’t fear the Wall Street’
The co-creator of the famous meme-inspired cryptocurrency Dogecoin (DOGE), Billy Markus, recently commented on a statue of the crypto’s Shiba Inu mascot that has been placed in front of the iconic “Charging Bull” sculpture in Wall Street, New York’s financial district.
Markus acknowledged on social media that the Shiba Inu statue is legit. Its position is very symbolic, as the retail investors have recently been ponying up on Dogecoin and other meme-inspired coins. These coins have seen their value surge very often.
In 1987, the Charging Bull bronze statue was placed on Wall Street. It is a symbol of America’s resilience after the massive stock market crash that year. The artist Arturo Di Modica created the statue.
When a Twitter user asked Markus of his interpretation of the statue, he stated that he believes it means “Shiba don’t fear Wall Street.” In the past few months, DOGE’s price has surged, this is thanks to the tweets from Tesla CEO Elon Musk joking about the meme cryptocurrency. Some celebrities, like Kiss singer Gene Simmons and billionaire Mark Cuban, have also been tweeting about it.
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DOGE’s price in the past 30 days has outperformed both BTC and ETH. But it started dropping after Musk appeared on Saturday Night Live. Elon said during his appearance that Dogecoin is “a hustle.”
Dogecoin’s rally has seen several meme-themed cryptocurrencies appear. Shiba Inu (SHIB) is a remarkable example. The Ethereum-based token has been seeing its price surge after being listed on large-scale cryptocurrency trading platforms. Even though the exchanges warned that the coin “poses a higher than normal risk.”
Earlier today, Musk asked his 55 million followers on Twitter if Tesla should accept Dogecoin as a payment method. The respondents excitedly picked “yes.”
With all that is happening, maybe Dogecoin is not afraid of anything anymore.
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