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DOGE cofounder Billy Markus, who goes by the name Shibetoshi Nakamoto on X, once again put Dogecoin in the spotlight when he wrote in an X post that "Dogecoin going to $20 trillion wouldn't be boring."
The conversation began on X when the Dogecoin co-founder said, "This month has been boring." This was corroborated by an X user who added, "Need a Dogecoin at $20 trillion."
To this, the Dogecoin co-founder responded, saying, "Dogecoin going to $20 trillion wouldn't be boring."
Given Markus's well-known sense of humor, the remark was clearly not intended to be taken seriously. Dogecoin going to $20 trillion would place it far beyond the size of nearly every publicly traded company and even above many major global asset classes.
At the time of writing, Dogecoin was trading at $0.10, with a market valuation of $17.82 billion. A rise to $20 trillion either in price or market valuation would require an increase of hundreds of thousands or millions of percent; this magnitude makes the Dogecoin cofounder's statement seem intentionally exaggerated.
Dogecoin becomes crypto's most unkillable meme
Dogecoin was originally created as a joke in late 2013 by Billy Markus and Jackson Palmer, who thought that cryptocurrency was being taken far too seriously and wasn't much fun. Palmer created the Dogecoin.com website while Markus worked as a solo developer on the first 4 releases.
Now, nearly 11 years later, Dogecoin sits among the top ten cryptocurrencies with a market cap of $17.82 billion. The dog coin has survived multiple bear markets and repeated "dead coin" narratives.
The Dogecoin team lends credence to this fact in a tweet saying: "Doge has survived more 'this is over' posts than there are transactions on the blockchain."
The Such app, which will allow merchants to accept Dogecoin at their businesses, send quick invoices and increase Dogecoin utility is set to launch in beta on May 25.
The Such beta will be testing a self-custodial wallet, contacts and transfers; hustle invoicing and POS tools to accept Dogecoin as payment and live transaction tracking.
Dan Burgin
