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Dogecoin Creator Made $720,000 This Year From Selling DOGE

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Sun, 20/10/2024 - 9:33
Dogecoin Creator Made $720,000 This Year From Selling DOGE
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With his proceeds from the sale of tokens he was given recently, Dogecoin creator Billy Markus — also referred to as Shibetoshi Nakamoto — has had an interesting year. The same Dogecoin holdings that he infamously sold for just $10,000 in order to purchase a car back in 2015 would now be worth over $9 million and at their peak they would have been worth over $45 million.

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Billy Markus has stayed involved in the cryptocurrency space even though he sold his DOGE years ago. He has made several wallets to take tips in different tokens over the last 12 months. Selling these tokens has allowed him to make a good living. Markus is said to have made about $780,000 by selling tokens that were given to him for free in 2024 alone.

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DOGE/USDT Chart by TradingView

This is just one of the numerous token sales he has carried out this year; the other ones took place a few days ago. Even after selling off his initial holdings of DOGE, it appears that Markus has managed to profit continuously from the cryptocurrency space given his talent for converting free tokens into actual profits.

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Markus might be smiling all the way to the bank as he keeps getting free tokens sent to his wallet and selling them even though Dogecoin's value went through the roof. Although some may have believed Markus lost out on a fortune during the initial Dogecoin sale, his ongoing profits from selling gifted tokens demonstrate that he was not completely out of the picture.

In fact, it appears that Markus can still comfortably afford a new car — and maybe much more — with his earnings of almost $780,000 this year alone!

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