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Barry Silbert, founder and CEO of DCG, the parent company of Grayscale, has taken to Twitter to post a hilarious comparison of the top cryptocurrencies: Bitcoin, Ethereum, Litecoin, XRP and Zcash to different music bands.
The DCG founder, however, left the Dogecoin community puzzled with a question mark and by not giving a comparison for the largest meme coin.
Bitcoin = Pink Floyd
Ethereum = U2
Litecoin = Eagles
XRP = Coldplay
Zcash = Radiohead
Dogecoin = ?— Barry Silbert (@BarrySilbert) March 17, 2022Ripple CEO Breaks Silence on Coinbase DramaU.Today Crypto Digest: Ripple Gets Major EU License Approval, Shiba Inu (SHIB) Price Teases 22% Golden Cross Breakout, Bitwise Launches Chainlink (LINK) ETFMorning Crypto Report: Don't Ignore This 9.69% Golden Cross Setup for XRP, Binance Burns $1.29 Billion in BNB Like Nothing, "$1 Million Bitcoin" Advocate Mow Predicts Decade-Long Bull RunRipple CEO Optimistic About Crypto Market Structure Bill
The top exec compares Bitcoin to Pink Floyd, an English rock band formed in London in 1964. The second-largest cryptocurrency, Ethereum (ETH), was likened to U2, an Irish rock band from Dublin, formed in 1976. Litecoin was compared to the Eagles, one of the most successful musical acts of the 1970s in North America. XRP is likened to Coldplay, a British rock band formed in London in 1996. Barry Silbert makes a funny comparison of Privacy Coin and ZCash to Radiohead, an English rock band formed in Abingdon, Oxfordshire, in 1985.
Interestingly, the "old country" music groups the DCG founder alludes to were formed in the 1970s-1990s, pointing to the fact that these digital assets have been around for a number of years.
The intended message behind the DCG founder's recently posted tweet remains unclear, but many started sharing memes and funny responses to Dogecoin, as intended: jokes.
Dogecoin, a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, was created as a "joke," making fun of the wild speculation in cryptocurrencies at the time.
Dogecoin since inception
Dogecoin, the meme coin that started it all, marked its eighth anniversary, as reported by U.Today on Dec. 6 last year.
With the help of high-profile proponent Elon Musk, other celebrities and incessant media coverage, Dogecoin had surged significantly in early 2021, captivating the entire investing community.
The Bitcoin parody has also inspired a whole bunch of copycats, with Ethereum-based Shiba Inu becoming its most prominent knock-off. At a present price of $0.117, Dogecoin is down 84% from its all-time high of $0.73 reached in May 2021.
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