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Showing off again? DOGE coin founder: I'm already rich! Triggered hot discussion among netizens.
Founder's words, community discussion
Recently, the cryptocurrency community has once again staged a "Versailles-style" topic. Billy Markus, co-founder of Dogecoin, recently posted a sarcastic post on social media: "I'm pre-rich." This ignited a discussion among fans. Because he often responds to hot topics with sarcasm and humor, this sentence was immediately interpreted by netizens as another classic case of "Versailles" (meaning to unintentionally show one's superiority).
Image source: X co-founder of Dogecoin, Billy Markus, recently posted a sarcastic post on a social platform.
However, a deeper understanding of Billy Markus' story reveals that this statement may not be a literal 'I've made a lot of money.' As early as 2015, he sold most of his Dogecoin and Bitcoin to buy a used Honda Civic, and this sensational 'selling coins to buy a car' story has now become a classic topic in the Dogecoin community. Markus has repeatedly emphasized on X that he only holds 0.006 Bitcoins and does not have much $DOGE on hand, and has not made significant profits as the Dogecoin market value soars.
The topic of "Pre-rich" has aroused market expectations for a bull market.
Soon, netizens left messages frantically asking, 'What happened to the small amount of $DOGE? Are we going to FOMO again?' Many people also interpreted Billy Markus' statement 'I'm pre-rich' as 'preparing to become wealthy,' corresponding to the hopes of many cryptocurrency investors to make a profit in the next bull market. Based on past experience, after Bitcoin reaches a certain stage, it often undergoes consolidation, and funds flow into more relatively cheap altcoins, triggering a market eruption.
This time difference of 'waiting for the bull to turn into a bear' is a doubling opportunity that many retail investors are looking forward to. So when Markus mentioned 'pre-rich' half-jokingly, it was also considered to include the vision of the entire crypto circle that is still waiting for a skyrocketing rise and eager to 'become famous overnight'. Many netizens also responded with various versions of their own 'pre-something' in the comments, highlighting the expectations of the next wave of market trends in the circle.
From 'selling coins to buy cars' to 'WAGMI', irony and optimism coexist
In fact, Billy Markus often comments on the changes in the cryptocurrency market in a joking manner. Last week, when mainstream currencies such as Bitcoin, Ethereum, and Dogecoin all experienced a simultaneous major decline, he tweeted, 'So glad I quit my job,' with a touch of black humor. When a fan commented with 'WAGMI' (We're all gonna make it) to boost confidence, he responded vaguely with an emoji, indicating that although the current market conditions may seem unfavorable, he still maintains a hint of optimism towards the market.
According to market observations, $DOGE has been volatile overall since the beginning of the year. With the frequent endorsement of celebrities like Musk, Dogecoin's market value once exceeded 47 billion US dollars, becoming the representative of various 'meme coins.' However, Billy Markus is not the original creator who 'owns tens of millions of $DOGE' and became rich overnight. Instead, he chose to cash out most of it before it became popular, and he often jokes about it himself. Now, his statement 'I’m pre-rich' has sparked various interpretations, reflecting the high sensitivity of the Dogecoin community to celebrity statements.
The community continues to go crazy, $DOGE - what's next?
For this 'Versailles' style speech, many community members maintain a playful and lively attitude, while investors hold rational opinions. In the premise that most market indicators have not yet shown a strong bull market trend, 'pre-rich' is more like a kind of humor. Whether Dogecoin can reproduce the peak of the year when Bitcoin restarts its rally and funds flow back into altcoins depends on the overall market environment and investment sentiment.
Perhaps, just as Billy Markus always jokes, he enjoys the fun of community interaction, sometimes self-deprecating, sometimes shouting across the void, and not explaining too much about market overinterpretation. Ultimately, whether Dogecoin can shine again, and when the market will welcome the next bull market, is still the focus of everyone's attention. Before that, perhaps let "I’m pre-rich" continue to ignite discussion, witnessing the interweaving of mockery and fanaticism in the crypto circle.
『Still showing superiority? Dogecoin founder: I'm already rich! Triggered hot discussion among netizens』This article was first published in『Crypto City』.