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George Georgiev



Articles by George Georgiev

CryptoBlades: Guide and Review of the Interactive Play-to-Earn Game

19 hours ago

The Play-to-Earn (P2E) gaming sector has grown into a powerful concept within the cryptocurrency industry as non-fungible tokens took flight and legitimized a new segment in the market.
Gaming has long been touted as one of the best applications for blockchain-based technology. Even though it’s still in its nascency, GameFi has proven to be a model that players enjoy.
For example, CryptoBlades — a blockchain and web-based NFT roleplaying game — attracted the interest of hundreds of thousands of users. Initially deployed on the BNB Chain (BSC), it expanded to other networks to achieve transaction efficiency and improved user experience. CryptoBlades was also named the Most Valuable Builder in the BSC incubation program.
The following is a complete guide on playing the game

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Bitstamp CEO JB Graftieaux: We Are Still Early (Interview)

2 days ago

Bitstamp is one of the veteran crypto exchanges, operating since 2011. It’s a European-focused platform based in Slovenia, with its headquarters in London, England — and serves the USA and many other countries as well.
CryptoPotato a chance to meet up with Jean-Baptiste Graftieaux (JB for short), the company’s global Chief Executive Officer (CEO). He has held leadership roles in traditional finance, fintech, payments, and eCommerce – as well as cryptocurrency. He became the global CEO of Bitstamp in May 2022 – before that, he was serving as the CEO of Bitstsamp Europe.
At the Paris Blockchain Week Summit, Graftieaux shared with us the story of the early days of Bitcoin (“in 2011, the only way to buy BTC in Europe was by sending money to Japan”), the enormous growth of

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Okay Bears NFT Collection: The Complete Guide

2 days ago

Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana.
At the time of this writing in May 2022, the collection has also become the most actively traded one on OpenSea, surpassing the likes of the Bored Ape Yacht Club, Azuki, CloneX, and others.
The following is a deep dive on Okay Bears and everything there is to know about the collection. 
What Are Okay Bears NFTs?
Okay Bears is a collection of 10,000 non-fungible tokens released on the Solana blockchain back on April 27th at a price of 1.5 SOL each (worth $xx on the day of the mint).

In a convincingly attractive and enjoyable way, the project’s manifesto hints at the team’s true intentions behind the collection – namely, to create a relaxed and vibrant community where

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CZ Binance: I Would Like to See More Transparency From Terra’s Team

4 days ago

The CEO of the world’s leading cryptocurrency exchange Binance, Changpeng Zhao (CZ), said that he expects more transparency from Luna’s team following last week’s UST-LUNA fiasco.
Last week saw a top cryptocurrency literally go to zero in a matter of days.
UST – Terra’s algorithmic stablecoin – lost its peg and crashed to some $0.225. Because of how the protocol works, this created a massive arbitrage opportunity as users could burn 1 UST and receive $1 worth of LUNA.
So long as UST was below its peg, traders were able to print LUNA and dump it on the open market in a loop that saw a whopping 6.5 trillion enter circulation in a couple of days.
Naturally, this crashed the price of LUNA to literally $0 as most of the exchanges delisted the asset.
One of these exchanges was

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This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

6 days ago

This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at the forefront of it all, so let’s unpack.
On May 9th, UST – the algorithmic stablecoin of the Terra ecosystem, lost its peg. It fell to about $0.95, but no one was prepared for what happened after that. On the following day, UST continued losing value as the Luna Foundation Guard continued deploying capital in a futile attempt to defend the peg. It all came crashing shortly after – on May 11th, UST was trading at a discount of close to 80%.
This, in turn, created a massive arbitrage opportunity because of the way the algorithm behind the stablecoin works. So long as UST trades below

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Terra’s Do Kwon 8 Days Ago: There’s Entertainment in Watching Companies Die

7 days ago

Terra’s entire ecosystem has been at the forefront of everything crypto in the past few days. Its stablecoin – UST – lost its peg. LUNA – the other cryptocurrency of the ecosystem – lost 99.9% of its value in days and keeps crashing.
Do Kwon – the CEO of Terra – has been in the center of many discussions in the cryptocurrency industry as of late, and in a recent interview, he said that “there’s entertainment in watching companies die.” Ironic.
The UST-LUNA Debacle
A couple of days ago, UST – the algorithmic stablecoin of the Terra ecosystem – lost its peg. Albeit not a first for UST, this time, it was different.
At the time of this writing, UST is trading at 0.63 USDT, which is far away from dollar parity. It’s also important to keep in mind that its price dropped to a low

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Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain

9 days ago

After spending almost a decade working for the Wall Street behemoth – JPMorgan Chase & Co – Guillaume Chatain took the leap towards blockchain and crypto, where he helped establish a regulated digital broker-dealer.
As of now, he is the Head of EMEA (Europe, Middle East, and Africa) Sales at the leading US-based cryptocurrency exchange – Coinbase – a position which he occupies for over a year.
From JP Morgan to Coinbase: The Future of Finance
Chatain made a huge transition in his professional life. His previous company, for almost ten years, was none other than JP Morgan – the international banking giant spearheaded by Jamie Dimon.
Dimon was known for his particularly skeptical view of cryptocurrencies and, at one point, made headlines calling Bitcoin “a fraud.” However,

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Bittrex CBO: Why Bittrex Lost its Lead, Token Sales’ Critical Mistakes, and How to Get Listed (Interview)

11 days ago

Bittrex Global is the international arm of the Seattle, Washington-based U.S. Bittrex exchange. It is based in Lichtenstein, and it’s registered and supervised by the local financial market authority. For the first years of crypto trading and until the 2017 bull run, Bittrex was considered to be among the leading exchanges, and founders were eager to list their tokens on the US-based exchange.
Chris Sinkey is the Chief Business Officer and Listing Director for Bittrex Global for non-U.S. users.
At the Paris Blockchain Week conference in April, CryptoPotato sat down with Sinkey for an illuminating conversation about the history of Bittrex, the current state of crypto exchanges with regard to security and regulation, and the future of token sales.
Sinkey told us that “It

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Bitcoin Collapses to 10-Week Lows, Binance Backs Musk’s Twitter Deal With $500M: This Week’s Crypto Recap

13 days ago

Bitcoin’s price crashed to levels that we last saw on the day that Russia invaded Ukraine. Moreover, the entire market lost over $150 billion of its capitalization as the past 24 hours caused nothing but mayhem in the industry.
Bitcoin’s price is down 9% in the past seven days, and it’s currently trading slightly above $36K. This time last week, the cryptocurrency was sitting slightly below $39K, and the week was going relatively well. The price managed to increase towards $40K, but unfortunately, everything took a turn for the worst yesterday.
BTC crashed from $39.5K to $36K in less than a couple of hours, leaving over $100 million worth of liquidated positions in the process. At the time of this writing, the price has failed to recover. Interestingly enough, this

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Coinbase Wallet For Beginners: The Complete Guide

14 days ago

Created by the leading US-based cryptocurrency exchange, Coinbase Wallet is quickly becoming a preferred self-custody wallet among users.
It offers a very familiar user experience to existing solutions, which makes the overall transition seamless for those who’ve already worked with a self-custody wallet. Moreover, it carries the reputation and confidence instilled by the Coinbase brand.
Coinbase Wallet was launched in 2018 and has managed to become one of the best self-custody solutions currently available in the market.
Some of its features include but are not limited to:
Fully-developed mobile application
Support for major non-EVM compatible cryptocurrencies (Bitcoin, Dogecoin, Ripple, etc)
Option to transfer assets from the Coinbase CEX quickly and easily
Fiat on-ramp

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XRP Loses 34% in April, Here’s What’s Next (Ripple Price Analysis)

17 days ago

After Ripple ended April with a 34% red candlestick, it is now on the monthly Fibonacci Retracement at 0.786, and many expect the one-year downtrend to end.
Technical Analysis
By Grizzly
The Daily Chart:
Chart by TradingViewOn the daily timeframe, after the price could not break the descending line at the end of March, the bears pushed XRP down by 40%. Ripple is currently on the horizontal support in the range of $0.5-$0.55, which has so far acted well.
The RSI indicator has also entered the oversold zone, which can technically be a bullish signal. Ripple might be on its way to starting an uptrend from current levels, in which case the first resistance is at $0.68 and then $0.8. If, for any reason, the bulls can not defend this support, then the price is likely to fall to

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Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap

21 days ago

The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level, while many altcoins followed a similar, if not tougher, path.
This time last week, BTC was trading at around $42,000, but this didn’t last long. The cryptocurrency began declining last Friday, and by Saturday, it was already trading below $40K. The beginning of the workweek failed to produce any hopes of reversal, and on Monday, the price even dipped below $39K.
This is when the bulls stepped up and staged what seemed to be a recovery, taking the price up towards $41K the following day, but the excitement was short-lived as bears pushed back almost immediately. All this

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XRP Struggling to Recover, is $0.5 in Sight? (Ripple Price Analysis)

21 days ago

XRP has continued to drop for more than a year after hitting its highest level at $1.96 in April 2021, which has disappointed holders. What are the main challenges?
Technical Analysis
By Grizzly
The Daily Chart:
Source: TradingViewThe price fluctuates within a triangle (marked yellow) on the daily timeframe, and the descending line that has accompanied it for more than 230 days has not been broken yet.
The blue rectangle has made the top and bottom of the price movement. The resistance is found at $0.93, and the support – is around $0.6. If the bulls break above the current sideways chop by crossing the yellow line, they could aim for the resistance. Otherwise, $0.5 might even come into play.
The RSI 30D indicator has been below the red line for a long time, and it is

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7 Best Non-Custodial Crypto Wallets: The Complete List

25 days ago

Storing your digital assets is an essential part of your crypto investment journey, and non-custodial wallets are becoming more prevalent as the field of decentralized finance continues to boom.
Non-custodial wallets are digital wallets that enable users to take full ownership of their assets. The name (non-custodial) comes from the fact that the wallet itself doesn’t have custody of your crypto but rather serves as an interface that enables you to easily conveniently access it while also allowing third-party integrations.
This is the main difference between custodial and non-custodial solutions – ownership. On the other hand – with custodial wallets – it is the company that offers the services that safeguards and keeps your crypto. For instance, centralized cryptocurrency

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Bored Apes Yacht Club Reveals Date for Otherside Meta Project, APE Soars 40% Weekly

25 days ago

Yuga Labs – the team behind the Bored Apes Yacht Club – has revealed the date for the much-anticipated Otherside project and has also confirmed that APE coin will be the official means of payment.
In a tweet from April 23rd, the team behind the Bored Apes Yacht Club confirmed that their much-anticipated Otherside project will launch at the end of the month – on April 30.

The adventure begins. Otherside. 4/30, 12pm ET.
P.S. Otherside Discord is open: https://t.co/ZPj7nbyBePhttps://t.co/jL61iSy97d
— OthersideMeta (@OthersideMeta) April 23, 2022

The animation for Otherside has been circling the internet for quite some time now, revealing that there will potentially be one more series of characters joining the club – Koda.
In addition, users anticipate that the Otherside

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Criminalizing Rug Pulls: Senator Kevin Thomas Proposes New Regulations

25 days ago

Rug pulls have grown to become a menace in the space of decentralized finance and have resulted in hundreds of millions stolen from users. Being amongst the most common types of scams, some US politicians have taken aim and want to outlaw them.
State Senator Kevin Thomas and Assembly member Clyde Vanel have introduced Senate Bill S8839.
The bill calls for penalizing, defining, and criminalizing frauds that are specifically targeted at developers and projects designed to dupe cryptocurrency investors.
These include but are not limited to virtual token fraud, rug pulls, private key fraud, as well as fraudulent failure to disclose an interest in virtual tokens.
For further context – a rug pull is a term used to define a type of scam where the team behind a project runs away

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Massive BTC Price Rollercoaster and Australia’s First Bitcoin ETF: This Week’s Crypto Recap

27 days ago

This week saw the cryptocurrency market go through some serious turbulence, as the prices for the largest coins by means of total capitalization went on a rollercoaster. The tumultuous market dynamics ultimately resulted in a slight gain of about $15 billion added to the cap.
Leading the market was, of course, Bitcoin. The price was sitting at around $40K this time last week, and it remained there for a few days. On April 18th, we saw BTC crashing below $39K to a monthly low, but the bulls were quick to recover. A day later – on Tuesday – the price had surpassed $41K. On Thursday, BTC surged towards $43K, which was a 10-day high but was unable to close above it and collapsed.
At the time of this writing, bitcoin is exchanging hands at more or less the same price it was

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What are Moonbirds? Guide to the NFT Collection

27 days ago

To many, 2021 was the year that saw tremendous growth in the popularity of non-fungible tokens and launched them into the mainstream.
And even though the overall volume of NFT sales declined in 2022, the hype is far from over. During this year, however, the trend seems to have shifted from a fragmented market to one where blue-chip and high-end projects take center stage.
And while some projects like the Bored Ape Yacht Club, CryptoPunks, Azuki, and others, continue to shadow a lot of the new arrivals, the Moonbirds NFT collection that launched in April 2022 caught the entire community’s attention.
What are Moonbirds NFTs?
Moonbirds are a collection of 10,000 non-fungible tokens issued under the ERC-721 standard on Ethereum’s network that took flight on April 16th, 2022.

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Sensible Crypto Regulations Can Be the Catalyst for Big Money: Scott Melker (Podcast)

April 18, 2022

Scott Melker is a popular cryptocurrency analyst and influencer with a captivating story of a former world-renowned DJ who stepped back from his professional career in music and turned to crypto.
The Wolf of All Streets – as he’s better known on social media – has been a guest on our podcast before and if you want to learn more about his past career as a DJ, make sure to check out the episode from 2021. Back then (June 2021), Bitcoin’s price had dropped from its former all-time high in April 2021 to a low slightly above $30K.
In this episode, we talk about what changed during the last year, where are we in the current cycle and what can we expect from the cryptocurrency market going forward.
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Bitcoin’s Price Yearly Overview: From Crypto FUD to Real Macro

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Bitcoin’s Drop to $40K and Elon Musk’s $43 Billion Bid to Buy Twitter: This Week’s Crypto Recap

April 15, 2022

This week was entirely unproductive for cryptocurrency bulls as the market took a beating and Bitcoin collapsed to $40K. And yet, it appears that the entire world was focused on another exciting event – Elon Musk’s proposition to buy Twitter and take it private.
First things first, the cryptocurrency market lost some $160 billion over the last seven days and collapsed below the important level of $2 trillion. This was largely because of Bitcoin’s drop to $40K. It all started relatively calm, and prices were holding somewhat well until Sunday and Monday.
Sunday saw BTC starting to roll over, whereas on Monday the entire market turned red. The leading cryptocurrency crashed below $40K but fortunately managed to recover almost immediately. There was an attempt at recovery on

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BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K?

April 14, 2022

Technical Analysis
By: Edris
Daily timeframe:
Source: TradingViewBitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. This level has historically acted as a strong resistance during previous bear markets, and the price failing to break back above it may be considered a bad sign.
The price has also broken below the 50-day and 100-day moving averages and is currently retesting them from below. These levels printed a bullish crossover last week, but the overwhelming bearish momentum has led to both being broken to the downside.
If the price fails to break back above them, a retest of the $36K area in the short term would be more probable. On the other hand, if the price could break back above, the $47K supply

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Bitcoin Corrects Below $44K as Markets Bleed $70 Billion: This Week’s Crypto Recap

April 8, 2022

The past week was filled with serious volatility, but unfortunately, a lot of it was to the downside. Bitcoin is currently trading at around $43,800, down 3.6% during the week. It’s interesting to note that this happens as the biggest BTC-focused event is currently taking place in Miami – Bitcoin 2022.
The first week of April wasn’t very productive across the board. For BTC, the price was sitting at around $46,000 this time last week, and it was looking primed to test $47K. It failed on a few occasions, and four days later – on April 6th, the bears finally took control.
Taking advantage of the buyers’ inability to produce meaningful gains, bears pushed the price down, and by the next day, BTC was trading below $43,000 for a brief period. It managed to recover and is

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Fintech Giant FIS’s Worldplay Offers USDC Settlement for its Clients

April 7, 2022

FIS, the US fintech giant processing over $2 trillion in transactions annually across more than 100 countries, announced that its subsidiary, Wordplay, will be the first global merchant acquirer that allows its clients to settle payments directly through USDC, the stablecoin that pegs 1:1 to the US dollar.
CryptoCom, the Singapore-based cryptocurrency exchange, will act as a pilot customer for transactions settled in USDC with Wordplay.
A Continued Adoption of USDC Stablecoin
The newly announced partnership has garnered support from Circle, the company that issues USDC, as Jeremy Allaire, co-founder, and CEO of Circle, said that integrating USDC with Wordplay is a great step for the stablecoin industry as a whole and that the partnership is “a glimpse into a future where

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Blockchain Security Firm CertiK Closes $88 Million in Funding at a $2B Valuation

April 7, 2022

Cryptocurrency security firm CertiK expands as a unicorn to join the ranks of blockchain-based businesses with a valuation upwards of $2 billion.
CertiK is arguably the biggest blockchain security services provider in the field and has revealed a funding round of $88 million today.
The company is valued at $2 billion following the latest round.
The B3 was led by Insight Partners, Advent International, and Tiger Global, and it also saw participation from Goldman Sachs.
Existing investors also took part in the round. These include Sequoia and Lightspeed. It also puts the total funding raised by CertiK at $230 million.
The official blog post reads:
CertiK’s growth has already been widely recognized by the industry through a number of awards. In March 2022, CertiK received

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XRP Price Analysis: Ripple Loses $0.8, Here’s the Next Support

April 7, 2022

Ripple, like Bitcoin and Ethereum, could not manage to break above the daily MA200 and has fallen into a downward trajectory.
Technical Analysis
By: Grizzly
The Daily Chart:
Source: TradingViewOn the daily timeframe, after the bears defended the resistance at $0.93 well, they were able to push the price down to $0.75 and deliver a 19% correction. Ripple is currently stuck between the daily MA100 (marked white) as support and MA50 (marked yellow) as resistance.
If the bulls can push the price above $0.82, it’s reasonable to expect the resistance zone at $0.93 (marked red) to be tested again. Otherwise, the support zone at $0.7 (marked by green) has the potential to reverse the trend,
and this can be considered the end of the uptrend.
Although the ROC 14 indicator is below

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Intel Launches New Energy-Efficient Chip for Bitcoin Mining

April 5, 2022

The newly developed processor for the proof-of-work algorithm can deliver up to 580 GH/s hash rate and can operate up to 26 J/TH power efficiency.
The tech giant believes the new processing chip, Blockscale ASIC, will be a gamechanger that empowers blockchain applications to maintain decentralization via proof-of-work while asserting the principle of environmental sustainability.
Scalability and Sustainability
Intel, one of the largest semiconductor chips manufacturers in the world, launches a new application-specific integrated circuity (ASIC) dedicated to blockchain hashing.
According to Intel’s release, proof-of-work algorithms that are compatible with ASIC-based systems and SHA-256 hashing will be able to adopt Intel Blockscale ASIC. The chip, compatible with bitcoin

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US Lawmakers Introduce A Bill Targeted at Stablecoins

April 3, 2022

Stablecoins are cryptocurrencies that usually peg 1:1 to fiat currencies like the US dollar. For every stablecoin in circulation, supposedly, there should be a $1 bill or its equivalents as redeemable in the reserves. The rising concern regarding the security of stablecoins has caught lawmakers’ attention.
The US Lawmakers Ask for Transparency
According to the release by Senator Hagerty’s office, the newly introduced bill would require stablecoins to be “backed by government securities with maturities less than 12 months or U.S. dollars” and requires stablecoin issuers to publicly release audited reports of their reserves that are executed by third-party auditors.
The so-called “Stablecoin Transparency Act” is a clear indicator that American lawmakers are stepping up to

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Arthur Hayes Gives His End of Year Prediction for Ethereum (ETH) Price

April 3, 2022

The former BitMEX CEO explained to his readers why 2022 will be a big year for Ethereum. He considers that the network – after the transition to proof-of-stake consensus – will function as a commodity-linked bond. In contrast, the former CEO called BTC “pure money” that intrinsically “yields nothing.”
Hayes sees Ethereum as an investment better than not only bitcoin but other L1 protocols, which are mostly overvalued. Plus, the transition scheduled to occur in the summer of this year will be the game-changer that puts Ethereum ahead of its competitors.
Ethereum as a Currency Bond
Arthur Hayes, the co-founder of BitMEx, didn’t shy away from his deep conviction on Ethereum in this most recent blog post. He stated that his target allocation for 2022 would be 25% BTC and 75%

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BTC Price Analysis: What’s Next For Bitcoin After the 200MA Rejection?

April 2, 2022

Despite being up about 5% on the day, BTC’s price took a beating in the past couple of days. It appears that the bulls are attempting to retake control, although the shot at $47K from earlier today has so far been unsuccessful.
Technical Analysis
By: Edris
Daily timeframe:
Chart by TradingViewBitcoin’s price is struggling to recover, and it is still trading below the 200-day moving average. This level is one of the most common indicators to determine whether an asset is in a bull or bear market. The cryptocurrency has been rallying in the past few weeks, and it even broke past the significant $45K resistance zone.
However, the 200-day moving average rejected it to the downside, and the price is currently being held by the $45K broken resistance level, which has now turned

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Here’s How Much Money Dogecoin’s Co-Creator Made Off DOGE

April 2, 2022

Have you ever wondered how much money did the creators of the famed Dogecoin – arguably the most popular memecoin on the internet and the one that ignited a massive mania – made off their creation?
Well, it turns out that it’s not a life-changing fortune, despite the fact that the project was once worth a whopping $80 billion. In a recent Twitter thread, Billy Markus, currently active under the Shibetoshi Nakamoto handle, revealed that he didn’t make all that much.
The Dogecoin Co-Founder Unhappy with Online Scammers
Dogecoin, arguably, the king among all the meme coins, continues to attract attention from retail investors. Billy Markus – with over 1.2 million followers on Twitter – lashed out that the excessive harassment and insults from online scammers have annoyed him

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