BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Dogecoin Creator Highlights Bitcoin’s Surge as Altcoins Lag Behind

by Matoy
November 21, 2024
in Crypto
A A
Dogecoin Creator Highlights Bitcoin’s Surge as Altcoins Lag Behind
4
SHARES
Share on TwitterShare on Reddit
  • Bitcoin nears $98,000, showcasing significant growth compared to slower gains in altcoins like Ethereum and Dogecoin.
  • Dogecoin co-creator Billy Markus emphasizes the performance gap between Bitcoin and other cryptocurrencies in a viral meme.
  • Markus provides no clear investment advice for Dogecoin, maintaining his skeptical stance on crypto trading.

Billy Markus, co-creator of Dogecoin and known by the pseudonym Shibetoshi Nakamoto, took to X to comment on the stark difference in market performance between Bitcoin and altcoins. With Bitcoin approaching the $98,000 mark, Markus highlighted its extraordinary growth compared to the relatively modest movement of other cryptocurrencies.

Bitcoin’s Ascent and Altcoin Struggles

Bitcoin has added more than 4% in the last 24 hours, reaching a record high of $97,862. The cryptocurrency has surged nearly 19% since November 11, starting from $81,880 and quickly advancing toward the anticipated $100,000 milestone.

Ethereum, the second-largest cryptocurrency, has risen 2.85% to $3,140 after experiencing a decline earlier this month. Meanwhile, Dogecoin has traded steadily near $0.38, and XRP has made a notable recovery, gaining 95% since November 11 to cross the $1 mark.

Markus shared a meme comparing Bitcoin’s performance to altcoins, using Shiba Inu dogs to illustrate the growing gap. Bitcoin, depicted as a strong and muscular dog, contrasts with “everything else” represented by an average-looking canine.

Source: Billy Markus

Markus’s Take on Dogecoin Investment

Responding to a follower who asked whether to sell or hold Dogecoin, Markus replied with an animated GIF reading “No Idea.” Known for his cautious views on cryptocurrency trading, Markus has previously stated that he holds minimal amounts of both Bitcoin and Dogecoin.

As Bitcoin leads the charge with significant momentum, the disparity in market performance underscores the challenges facing altcoins in keeping pace with the flagship cryptocurrency.

Tags: Dogecoin
Tweet1ShareShare2

DON'T MISS THESE! HOT OFF THE PRESS

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy
Crypto

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

June 11, 2025
Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?
Crypto

Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

June 11, 2025
GENIUS Act Clears Major Hurdle in US Senate Despite Controversy
Crypto

GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

June 11, 2025
Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level
Crypto

Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

June 11, 2025
Will Ethereum Eclipse Bitcoin in Q3 Rally? Analysts Say Yes and Here is Why
Bitcoin

Will Ethereum Eclipse Bitcoin in Q3 Rally? Analysts Say Yes and Here is Why

June 11, 2025
Solana Memecoin AURA Surges Past $100 Million in Less Than 24 Hours: Here is What Happened
Crypto

Solana Memecoin AURA Surges Past $100 Million in Less Than 24 Hours: Here is What Happened

June 11, 2025
Load More

Related News

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

GameStop Taps $1.75B Convertible Note Offering to Fuel Bitcoin Treasury Strategy

June 11, 2025
Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

Pi Coin Slips Further Despite Market Bounce—Is It Time to Buy the Dip?

June 11, 2025
GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

GENIUS Act Clears Major Hurdle in US Senate Despite Controversy

June 11, 2025
Trump Calls Musk’s Regret ‘Very Nice’ But Won’t Reconcile: Here is Why

Trump Calls Musk’s Regret ‘Very Nice’ But Won’t Reconcile: Here is Why

June 11, 2025
Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

Solana Faces Bearish Crossover Against Ethereum, But Could Bounce Aggressively at This Level

June 11, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.