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Billy Markus, the creator of Dogecoin (also known as Shibetoshi Nakamoto), has recently stepped back from the recent controversy.
This project, which started over 10 years ago as a joke version of Bitcoin, is now continuing to grow driven by the community.
The recent movements of DOGE are interesting.
Certainly, it was a hot topic a few days ago, but looking at the actual chart, it has dropped about 9% over the past week.
The current price is around $0.11.
There are rumors that Tesla might adopt it as a payment method, but no official announcement has been made yet.
Still, investor expectations for Dogecoin seem to continue.
The market is likely being driven by the anticipation that something might happen.
Even if you don’t know the name Shibetoshi Nakamoto, looking at the history and current situation of Dogecoin, it’s clear that this is a project entirely supported by the power of the community.