Past Dogecoin developer says doge to reach $1 but there is a catch

Billy Markus predicted the price for Dogecoin to hit $1 by the day and tried to share a unique funny meme with his prediction in the Crypto industry. 

Dogecoin is a popular meme coin, which is popularly known for support from the world’s richest person Tesla CEO Elon Musk. The project team behind the Dogecoin project was re-established in Q4 2021, under the leadership of Elon Musk. Currently, Dogecoin is standing at 11th rank, because of all the activity of the developer team and the support of Elon. 

On 16 April, Billy Markus, past Dogecoin co-developer, tweeted that Dogecoin will touch $1 by the end of the day and further published another tweet and wrote “in Hong Kong dollar”. 

In this way, Billy tried to create a meme joke for Dogecoin investors. However, the majority of the people took this joke in funny way but few people criticized him for his such type of stupid joke and claimed that Billy tried to degrade Dogecoin’s reputation. 

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you think you're funny but shilling your coin like this (and spreading falsehoods) actually has real impact on some people's livelihoods. For one they do not know how these prices are determined, so take the word of "thought leaders" like yourself.

— Jacques Coetzee (@feeblefruits) April 16, 2022

AMC to accept Dogecoin

Just a couple of days ago, AMC Theaters CEO Aron Adam announced that his AMC entertainment online services are buyable with Dogecoin payment including some other flagship Cryptocurrencies for the AMC entertainment App users. 

Exactly as promised, the AMC mobile app for AMC’s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies — thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. pic.twitter.com/MMy7SIxYbl

— Adam Aron (@CEOAdam) April 15, 2022

The current price of Dogecoin is $0.143 and this price is 24% high over the last 30 days, which is a better signal for the potential buy support for this coin. 

However, Dogecoin’s current position in the crypto industry is standing at a better level because of the Tesla CEO’s support but here we should not ignore the unique development works by the Dogecoin project’s engineers.

This week, the Dogecoin Foundation, the nonprofit organization behind Dogecoin, stated that they are working on the RadioDoge concept to bring features for the Dogecoin transactions and trade without access to internet services. 

Read also: Terraform Labs CEO says no issues with centralized stabelcoins

Past Dogecoin developer says doge to reach $1 but there is a catch

 

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