- The DOGE co-founder said 95% of crypto projects are fraudulent.
- His tweet sparked a debate.
- DOGE fell by 4.5% in the 24 hours after the tale ended, trading at $0.086.
Billy Markus, the co-founder of Dogecoin (DOGE), stated that 95% of cryptocurrency projects are fraudulent, sparking a fiery debate.
He recently stated that the metaverse project of DOGE’s rival Shiba Inu (SHIB) was a hoax. The software engineer has expanded his criticism to the entire cryptocurrency market, particularly to the 95%.
the reason why people think crypto is 95% scams and garbage and most crypto people are assholes is because crypto is 95% scams and garbage and most crypto people are assholeslet’s change that. it starts with you – what you support, and how you behave.
— Shibetoshi Nakamoto (@BillyM2k) May 16, 2022