Dogecoin Co-Founder Calls 95% of Crypto Projects ‘Scams and Garbage’

Dogecoin co-founder Billy Markus called 95 percent of the cryptocurrency project “scam and garbage” in a tweet, and urged his followers to change public opinion about the crypto industry. Marcus’ tweet noted that cryptocurrencies have built up a pretty bad reputation since their inception, with many people, especially traditional financial giants, using derogatory terms for the asset class. Tesla CEO Elon Musk responded with a “rolling on the floor laughing” (LOL) emoji on Marcus’ tweet.

Adding further to his original tweet, Marcus said that the people who are going to “trigger” and “lash out” on his tweets are “scammers”. As expected, the tweet sparked a serious debate among members of the crypto community on Twitter.

while some users DOGE agreed with the co-founder of, others accused Marcus of a lack of self-awareness, as he was the co-founder of Dogecoin, which later spawned countless scam cryptocurrencies. Marcus defended himself by saying that DodgeCoin was created for “satire”, emphasizing that he values ​​quality over quantity.

Marcus’ comment comes at a time when the crypto market is booming with scam projects. It is believed that many of these projects have been created by people who want to make quick money and then disappear. This comment from the co-founder of Dogecoin comes with the fall in the value of Terra’s LUNA token and its sister stablecoin UTC.

Something between Billy Marcus and Terra’s Do Kwon recently Rift After which Kwon took Markus on Twitter. blocked Was. Investors have lost billions of dollars due to the large drop in the value of LUNA and UST. Because of which, Terra founder Do Kwon is currently seeking police protection following a domestic attack on him by an alleged LUNA investor.<!–

–>

//platform.twitter.com/widgets.js