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DOGE Co-Founder Refuses to Promote Dogechain for $14 Million in Crypto

Fri, 08/26/2022 - 15:58
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Yuri Molchan
Billy Markus has turned down offer to promote another Doge-inspired crypto project for $14 million in crypto
DOGE Co-Founder Refuses to Promote Dogechain for $14 Million in Crypto
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Markus has been offered a hefty amount of crypto to persuade the DOGE army that Dogechain is good for DOGE.

DOGE co-founder rejects rich offer

Twitter user @RepeatAfterVee took to Twitter to spread the word that Billy Markus, an IT engineer who founded the original meme cryptocurrency Dogecoin together with Jackson Palmer in 2013, has rejected an offer to tweet about Dogechain and promote it for the payment of 10 billion DC worth a staggering $14 million USD.

He wrote that Billy Markus refused to betray the DOGE community for this huge sum of money and, thus, is worthy of the "deepest respect" from the DOGE army.

Markus responded to that with an ironic tweet, making it clear that he did not become rich creating Dogecoin, mentioning that he constantly gets accused of making money on Dogecoin and "orchestrating pumps and dumps" with DOGE.

yeah, no one really cares anyway and just assumes i got rich from creating dogecoin or orchestrating pump and dumps or whatever other things i constantly get accused of.

It is worth noting that Markus quit the Dogecoin project soon after its launch. However, he remains active on Twitter, often commenting on his brainchild and the crypto sphere in general. Recently, he admitted that he has no intention to return to DOGE development, nor does he plan to create a new digital currency.

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Warning about Dogechain issued to DOGE army

Dogechain is a spin-off from the original top canine token, which is supposed to operate as a Layer 2 for DOGE, thus letting Dogecoin users enjoy NFTs and DeFi solutions and ensure a full integration with Ethereum smart contracts.

Earlier today, the price of Dogechain (DC) exploded by a mind-blowing 220%, reaching a new all-time high of $0.002694. However, by now, some these gains have been lost. The massive price surge came after major U.S.-based crypto exchange KuCoin spread the word about listing the token.

However, earlier this year, in late July, the DOGE community issued a warning, announcing that Dogechain is worthless and is not related to DOGE anyway. The tweet claimed that Dogechain creators are offering money to influencers to get them to "manipulate people into believing that it is good for Dogecoin."

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.