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Shiba Inu Community Screams at Dogecoin Founder -Breaking

by Mike Robinson

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Dogecoin Founder: Shiba Inu Communities Screams
  • DogeCoin’s founder Billy Markus is receiving spam from followers.
  • Markus deactivated the content form on his website to stop incoming messages from Shiba communities.
  • His Twitter (NYSE:) user name starts with Shiba Inu’s ticker name $SHIB.

Meme coins are driven by strong communities, which is why they have experienced meteoric rises. But when Shiba Inu, the popular pup coin, doesn’t live up to its mantra of “always up,” even solid communities start to seek answers as a way of coping with the price shock.

Shiba Inu is Not Doge, but doge

DogeCoin’s founder, Billy Markus, posted on Twitter that he did not endorse ShibaInu. However, DogeCoin’s token price dropped by over 45% within the last few days. This prompted investors to look for explanations.

Markus deleted his contact form from his website to keep him sane, and stop the incoming messages. Furthermore, he also stated in a tweet that he “barely has anything to do with DogeCoin,” either, implying that he is not involved with any meme coins at the moment, including Shiba Inu.

Markus emphasized that, even though his name starts with Shib Doge, Doge was established 7.5 years ago. Doge is Shiba Inu. He reiterated that he wasn’t involved in the Shiba Inu token, and urged people to not spam him.

This is a clear example of how newcomers fall into the hype trap when it comes to investing in meme coins.

In an earlier tweet, Markus emphasized that hype doesn’t last, referring to pump and dump tokens with no intrinsic value, and claiming that people who invest in “get rich quick” tokens have a poor general output in the market. That includes blaming others for their poor decisions and “demanding that others pump their tokens.”

To The Flipside

  • Shiba Inu was able to enter the Top 10 coins based on market capitalization. It also achieved its goal, becoming a DogeCoin killer.

What Are You Responsible For?

Billy Markus sold his entire DogeCoins portfolio in 2015. This was before the token entered the Top 10 coins according to market capitalization. He also holds a non-nullifying position regarding the cryptocurrency culture, especially with regard to pump and dumps.

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