The new all time high price puts Ethereum 2.0 in third place among the largest staking projects.
In just one month, the market capitalization of the second-largest cryptocurrency doubled from 88 to 174 billion US dollars. Price going above 1600 US dollars, and making new all-time high. A year ago, Ethereum price was just below 200 US dollars.
As a result of the price increase, the total value of all Ethereum staked in Eth2 has reached a new all-time high of 4.1 billion US dollars.
This place Ethereum at the third largest staking project behind Polkadot (DOT) and Cardano (ADA). The staking capitalization of Polkadot currently amounts to approximately 9.9 billion US dollars. Cardano is only slightly behind with 9.5 billion US dollars.
Apparently there is large gap between Ethereum and its staking competitors, But Ethereum 2.0 is only in the test phase. A comparatively small proportion of only 2.19 percent of the ETH supply is deposited in the staking Contract. On the other hand, in Polkadot, 60 percent of the entire supply is staked, while Cardano has 70 percent of its supply deposited in staking.
The figures already indicate the immense potential of Ethereum 2.0. Because staking in Ethereum is only beginning and is in testing phase.
The Ethereum staked cannot be withdrawn until the the launch of phase 1. But still, Eth 2 has a great demand, which shows trust of investors.
Originally it took 16,384 validators to launch the Beacon Chain, the testnet environment that runs parallel to the Ethereum mainchain and acts as a Proof of Stake. Currently, the Beacon Chain counts over 78,000 validators. More than 12,000 validators are also waiting for their entry into the next slots.
The fact that Ethereum is behind Polkadot and Cardano in terms of staking capitalization seems only a matter of time. Ethereum 2.0 is without a doubt the biggest staking project.
In addition, with the introduction of the sharding in Phase 1, the network receives the much-needed scaling booster that will minimize the transaction costs.
Ethereum future is bright, and staking in ETH 2.0 is trusted by a vast number of investors. With time Institutional investors will definately come in to buy ETH like BTC. Interest of Institutions buyers will not only help ETH price increase, but also the overall Ethereum worth and name will become popular.
The Binance cryptocurrency exchange has launched a beta version of the Binance Pay service for payments in five cryptocurrencies: BTC, ETH, BUSD, BNB and SXP. The exchange sees it payment service as a potential competitor to PayPal.
The beta version of the service was launched last Friday for testing purposes. But the official announcement of the beta version was made, at the virtual event of Binance Blockchain Week.
Binance CEO Changpeng Zhao said that:
Binance Pay is a contactless, secure and borderless technology for making cryptocurrency payments.
The service supports five cryptocurrencies: BTC, ETH, BUSD, BNB , and the SXP token. Binance Pay users can transfer crypto assets from their account using a QR code through the app. According to Zhao, the service allows you to pay for purchases with crypto assets and make money transfers around the world.
The head of Binance said that the exchange is not going to be limited to trading only. He believes that payments are one of the most obvious options for using cryptocurrencies, so he intends to stimulate demand for digital assets.
The Binance pay will allow users to pay with cryptocurrencies, and sellers will receive stablecoins backed by fiat currency (currently only Euro). In this case, sellers will not be exposed to the risk of cryptocurrency volatility.
According to Zhao, the service was developed as a response to the payment company PayPal, which provided an opportunity for US citizens to buy, sell and store cryptocurrencies. According to Nomics, since the beginning of January, the volume of Bitcoin trading on PayPal has increased by 950%.
Last year, Binance launched the Binance debit card in the European Economic Area (EEA). The card also supports BTC, BNB, SXP, and BUSD.
Cardano (ADA), one of the largest cryptocurrencies, gained more than 20% in the first two days of February 2021. Where does the fuel for this rally come from?
Cardano (ADA) has experienced several technological improvements since early 2021. As these improvements were taking place, institutional investors began to take an interest in the Cardano.
Addressing why the price of the ADA is rising, this article will focus on four topics: the promise for Decentralization, Cardano for Defi, the news of Grayscale, and the growing ADA community.
A More Decentralized Approach
The Cardano team began staking operations in July 2020, switching to the Shelley era. In the first step of this process, it was decided to produce all blocks in the network under the leadership of the IOHK Foundation. The Plan was to make this staking mechanism more decentralized.
Cardano took more action on decentralized practice. On January 25, it was announced that Plutus playground had been updated. This platform allows Cardano developers to test their own written smart contracts.
Cardano developers are encouraged to work freely; smart contracts to be developed in Plutus playground can attract the interest of small and large companies, States, entrepreneurs, the Cardano community and ADA investors. A Cardano developer mentioned that it could rival Ethereum in this form.
Cardano For Defi
Cardano (ADA) will bring his second hard fork, Mary, to life in February 2021. Cardano published an article that shows after the hardfork, the Cardano network would be interesting and useful for DeFi.
Cardano will become eligible for Decentralized Application (dApp) use after the upcoming hard fork. The Cardano community, which has played a major role in the growth of Project with its interest in the DeFi sector, expects positive developments after the hardfork.
Technical studies conducted under the leadership of the IOHK Foundation began to find a response before the investor. Grayscale, the world’s largest digital asset manager, has announced it will set up a fund for the ADA. Ada arrival on Grayscale’s Radar has put her in the limelight.
Growing Cardano Community
At the beginning of January, there were 201 thousand Cardano accounts. This number, which increased during the month, reached 295 thousand at the end of January 2021. In the same time period, the number of stakers increased from 113 thousand to 162 thousand.
More than 600 million ADA have been sent to Stake pools since new Year’s eve. Ada Pools data shows that in total, more than 22.2 billion Cardano have been staked. That number was 21.45 billion on January 1, 2021.
The IOHK Foundation is trying to strengthen Cardano’s position in the industry. Large companies in the Fortune 500 may face some payment problems in regions such as the Middle East and Africa. Charles Hoskinson, in an interview with Forkast, mentioned Cardano’s position in these areas and stated that ADA could solve the payment problems of top companies.
These and similar developments resulted in ADA price rising by 650% within a year. Cardano is the sixth largest cryptocurrency with a market capitalization of $ 13.3 billion.
Cryptocurrency exchange Kraken will launch its Chainlink node to provide spot prices as part of its integration with the Decentralized Finance Ecosystem (DeFi).
Kraken states that the launch of the Chainlink node will ensure the translation of cryptocurrency exchange rates from the oracle to any blockchain.
The mechanism will allow the use of a Chainlink cryptographic signature to confirm the validity of the data transfer from Kraken. Oracle will provide real-time spot price data.
This data can be used for decentralized applications, including derivative contracts, lending applications, international payments, stablecoins, and automated asset management protocols.
The Kraken Intelligence research group will release a report detailing the risks of price manipulation and other challenges in the DeFi markets, so that market participants can safely take advantage of the new opportunities.
Oracles act as an intermediary. They extract external data, confirm its accuracy and authenticity, and then transmit this data to the blockchain for the execution of smart contracts.
Kraken’s vice President of product development, Jeremy Welch, said that the exchange is ready to provide products and services that are in demand in the cryptocurrency market. Given the development of the DeFi industry, there is a need for high-quality data, since the security of assets depends on it.
We are pleased to provide DeFi app developers with access to our spot prices through the Chainlink node. Developers will not only get accurate data, but also be sure of it’s origin. said Jeremy Welch.
Recall that six months ago, the Huobi exchange also launched a Chainlink node to provide users with access to Huobi Global data.
Digipharm has announced a partnership with the leadership of Pakistan to digitize the processes associated with the provision of financial assistance in the field of health, as well as to optimize health funds under the management of the National Social Security Office.
Digitized financial processes and leasing activities speed up the processing of support for low-income patients and help them gain access to medical services and technologies. Currently, this applies to 90 million patients (25 million families).
Press Release (@MarketWatch): Digipharm announces joint cooperation with Government of Pakistan's Social Healthcare Fund utilising blockchain-based platforms
The implementation of the blockchain solution will help save Pakistan’s health food costs, improve resources allocation, patients access to expensive treatments, and exploring the possibilities of the Digipharms (DPH) digital currency.
Ahmed Abdullah, CEO of Digipharm said:
This is a great moment for everyone involved with Digipharm, the Board of Pakistan, the patients and individuals we seek to serve. Using cutting-edge technology to solve the grand challenges Faced By human beings.
SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) will launch a blockchain-based digital securities exchange in Osaka in the spring of 2022 to compete with the Tokyo Stock Exchange.
According to the Nikkei publication, the exchange created by SBI and SMFG will be the first stock exchange in Japan that will allow investors to trade digital securities using the blockchain.
To prepare for the launch of the exchange in March, the companies will create an operator company, Osaka Digital Exchange (ODX). SBI will own 60% of ODX and SMFG will own 40%.
The exchange will use its self trading system and electronic trading platform, so that investors can conduct transactions outside of the usual public exchange.
Companies are looking to make the exchange more attractive to investors by taking orders outside of the Tokyo Stock Exchange’s business hours and reducing the minimum price pitch.
The exchange will start working with digital securities in 2023. SBI believes that digital security technology will make it easier for investors to invest in non-traditional assets, such as real estate, as well as distribution rights to works of art and films. It is assumed that the exchange will become a market for such assets.
SMFG’s brokerage company, SMBC Nikko Securities, will direct some customer orders to the new exchange.
Stock exchange operators are increasingly paying attention to the blockchain. Back in late 2017, the Australian Securities Exchange (ASX) announced that the blockchain would replace its current Clearing House Electronic Sub register System (CHESS). However, in October, the ASX postponed the launch of the system on the blockchain until April 2023 due to higher requirements for the platform than previously expected.
BlockFi has filed an application with the U.S. Securities and Exchange Commission (SEC) to register the Bitcoin Trust. If approved, the new trust will compete with Grayscale products.
Blockfi provides loans secured by cryptocurrencies, in its public application to SEC, there is little detail about the product characteristics. Usually, such trusts are traded at a large premium in which big investors put their money, and often a large management fee is charged.
At the moment, such trusts are quite popular among institutional investors, since this product is the closest option to Bitcoin ETF. Earlier, the largest digital asset management company Grayscale Investments created six new trusts for various coins, including LINK and XTZ.
Grayscale recently announced that $3.3 billion was invested in the company’s funds in the fourth quarter of 2020. In addition, the investment company Pantera Capital reported that it is working on the creation of a new cryptocurrency fund aimed at institutional investors.
Kuwait Finance House (KFH), one the oldest and main bank of Kuwait, has transferred money to Turkey using Ripple’s payment technology. In a transaction using RippleNet technology, money was transferred instantly.
According to the Kuwait Times, it is now possible to transfer money from Kuwait to Turkey through RippleNet. According to the management of Kuwait Finance house, people can make instant money transfers 24/7 to Turkey, using KFH’s website and mobile app without paying any transaction fees.
Kuwait Finance house one of the first banks in Kuwait to start using RippleNet technology. Khaled Alshamlan, a senior executive at kFH, explained that thanks to this technology, money transfers abroad can be completed more effectively.
Alshamlan stated that transactions with RippleNet are low cost and reliably. KFH now allows its customers in Kuwait to instantly send money to Turkey with RippleNet. This service will cover personal payments and business transactions.
These transactions can be performed through the kFH online portal on the company’s site, as well as through the bank’s ioS and Android apps.
Group General Manager Retail Banking at KFH, Khaled Yousif Alshamlan said:
Financial institutions can send payments anywhere instantly, reliably and cost-effectively by joining Ripple’s growing, global network
RippleNet. as this service improves and facilitates customers’ cross border payment methods through trusted global banks network, maximizing the role of blockchain instant payment in providing best service as per highest quality standards.
RippleNet technology, developed by Ripple, allows corporate companies such as banks to make transactions faster and cheaper compared to normal. RippleNet, available globally, is currently used by more than 300 institutions, including Moneygram and Standard Chartered.
This is a comprehensive article on Vertcoin, It include every possible detail that you want to know about VTC, Vertcoin 1 Click Miner, How to mine VTC, How and where to buy Vertcoin, Vertcoin vs Litecoin and much more.
What is Vertcoin?
Vertcoin (VTC) is an Open Source, community governed coin that is mined without and ASIC mining equipment, Created on Jan 10, 2014, Vertcoin is not controlled or funded by any entity, They had no ICO to attract investors, Vertcoin is just an open source network that mirrors BTC development, but it’s mining is based on GPU.
As mining can be improved with special and expensive mining hardware (ASIC), it is no longer possible for the normal user to mine major coins with computing power. You need a lot of expensive equipment if you want to make mining profitable. At Vertcoin they counter this issue and ensure that mining can be profitable for everyone again.
Vertcoin distinguished himself from other mineable cryptocurrencies that require ASIC mining equipment’s, that result in decreased decentralization as now cryptocurrency mining is only possible for big firms with large capitals. But Vertcoin can be mined by anyone by using GPU’s.
Despite three hard forks, the Vertcoin coin community is committed and loyal to this dominant characteristic of Vertcoin, and has ensured that Vertcoin mining stay away from ASIC mining. Because of this key attribute, Vertcoin is also known as “The People’s Coin”.
It ensures that voting power of the network remains with individuals and everyone can mine and earn mining rewards.
See a short video below about what Vertcoin is all about:
Vertcoin Team
As there was no funding of the project, so Vertcoin depends upon community. Many developers have left Vertcoin because they were not well paid.
There is a need to make Vertcoin Foundation. This will help Vertcoin to file trademarks and copyrights, attract investors and better pay developers to continue providing service to Vertcoin and not go for other projects because of attractive payments.
Maintaining a professional team, offering them market competitive salaries is the biggest need of Vertcoin, if they want to compete in this aggressive and very competitive crypto market.
When it comes to Vertcoin community, they are doing extremely good. Active Community is always encouraging for any project. Vertcoin twitter has 56.5K member, Vertcoin Reddit has 33.8K members and Vertcoin discord has 2123 members.
How Vertcoin Works
What is ASIC?
ASIC stands for application-specific integrated circuit. An ASIC is a chip that can be set for mining Cryptocurrencies. These ASIC’s are used to mine BTC, LTC and other mineable coins. In the beginning, this mining was done with CPU, using your computing power.
In early days of mining, it was discovered that mining is faster with GPU, that is mining with the help of a graphics card. But these days, almost everything is mined using a specific ASIC for each Cryptocurrency.
What is ASIC resistant?
Vertcoin wants to counter ASICs, so that everyone can mine again using their own computer (CPU or GPU). It is therefore not possible to use ASIC mining equipment on the Vertcoin network, this is called ASIC-resistant.
The developers do everything they can to keep it that way. They believe that everyone should be able to mine to keep mining fairer. When companies invest a lot of money in mining equipment’s, they earn a lot of cryptocurrencies by mining. If they decide to sell their stocks, they can influence the price.
This is the reason that VTC strives to have the transactions checked (mining) by as many users as possible. This way it remains fair, and the price is influenced as little as possible.
Vertcoin Hard Forks
Vertcoin use Proof-of-work consensus method like other mineable crypto coins, but the script Adaptive N used in mining algorithm of Vertcoin keep VTC mining ASIC resistant. After one year of launch, Vertcoin has to undergo a hard fork and switched to Lyra2RE algorithm to keep himself away from ASIC mining.
Another hard fork was forced to come in when VTC team found that Botnet has taken control of over 50% of Vertcoin mining capability, so the team moved to Lyra2Ev2 algorithm, again with the principal focus on keeping the network away from use of ASIC’s.
Vertcoin had to go for a compulsory third hard fork when in 2018, China made an ASIC that was capable to mine crypto using Lyra2REv2 algorithm. To avoid such ASIC mining VTC, the team launched a third hard fork that used Lyra2REv3 algorithm.
Fourth hard fork of Vertcoin is coming on Jan 30th, 2021. In this hard fork, Lyra2REv3 algorithm will change to Verthash.
Forth hard fork is the because of the development of Field Programmable Gate Array (FPGA) hardwares. These FPGA hardware’s are GPU equivalent of ASIC mining, These devices can easily take over GPU mining in Lyra2REv2 algorithm.
As FPGA mining devices are becoming more powerful, they could also easily take down Lyra2REv3 algorithm, which will cause unfair mining and could easily push all GPU miners away from VTC coin.
So the Vertcoin team had to come up with a new algorithm that can protect users from unfair mining, The new algorithm is know as Verthash, which is scheduled on Jan 30th, 2021, for block1,500,000. Verthash, which is like Ethash algorithm used in ETH blockchain, it will make sure that mining remains for everyone and will also provide extra security features for Vertcoin network.
The key problem for Vertcoin is that there are platforms that sell hashing powers to individuals. By buying hashing power, a single person can easily launch a 51% attack on Vertcoin.
Vertcoin community is made-up of committed users and miners that are fighting hard to keep the network away from ASIC mining giants. It only time that can tell that for how long such a dedicated community can continue to progress and keep themselves safe from all attacks.
The other dominant feature of Vertcoin is that it is Lightning Network compatible. Vertcoin blockchain allows atomic swaps. That’s a lot of hard work from Vertcoin team that had no no ico, no investment and is open source GPU Bitcoin variant.
Vertcoin 1 Click Miner
To make mining even easier for users, the developers are working on a desktop miner. This is a program that people can install on their computer to earn VTC or any other coin. This is the easiest way to mine any cryptocurrency.
The one-click miner is easy to install and uses your computer power to help with the calculations (mining). The one-click miner can be downloaded from the GitHub or Vertcoin website. Vertcoin 1 Click Miner is only available for windows, and it requires a wallet that can store Vertcoin and its Vertcoin mining pool.
To keep going with Vertcoin 1 Click Miner, you need to select CPU or GPU mining; you need to specify the wallet address that can receive your mining rewards and which mining pool to use, By providing these three factors you are good to go for mining Vertcoin and collect your rewards in shape of VTC coins.
After downloading Vertcoin 1 Click Miner, open the software. It will ask you to create a password, so create a strong password.
After creating a password, Click on Start mining, and your VTC mining will start.
Yes, it is as simple is that your computer will start mining VTC coin and you will start earning it. No mining equipment’s or complex setting, a simple three step Vertcoin mining process. If you face any problems visit Vertcoin Discord for help.
Vertcoin mining comes with a feature of merged mining, meaning that you can mine more cryptocurrencies on your computer along with Vertcoin. But the problem here is that there are not enough coins that can be merged with VTC. Some coins that you can mine along with Vertcoin are Unitus, Parallaxcoin and Monocle.
For Vertcoin wallet you van go to Vertcoin website and download their wallet for windows, Mac and Linux.
Hardware wallets like Ledger Nano S and Trezor also support Vertcoin, You can purchase these hardware wallets from their official website. Never purchase wallets from other sources. The best thing about these hardware wallets is that they are away from internet so they are not exposed to hackers.
You can also use Vertcoin Electrum Wallet. This wallet is easy to use and the best thing is that you don’t have to download the entire blockchain to use this wallet.
Where To Buy Vertcoin
Unfortunately, Vertcoin is not available on many exchanges, nor has many trading pairs. The primary reason behind this is that Vertcoin is a community driven coin and didn’t have any fundraising or ICO to capture any investments.
Because of lack of investments Vertcoin is not listed on multiple exchanges because crypto exchanges demand a lot of money for listing any coin, The better the exchange the more money it will demand to list any coin.
In very rare cases, cryptocurrency exchanges list coins with sizeable communities and many people’s interest in trading them demanding no fees. This has happened with coins, Even Binance listed defi coins like Sushi, UNI, Dot, CRV, YFI with no fees, just to earn trading fees as there was an extreme interest of crypto community to trade DeFi coins.
Coming to our chief topic where to buy Vertcoin, the answer is Bittrex. 99% of Vertcoin trading volume comes from Bittrex. Bittrex offers Vertcoin trading pair with BTC only. You can buy and sell VTC against BTC on Bittrex.
Other exchange Dove Wallet offer four trading pairs of Vertcoin, VTC/BTC, VTC/EUR, VTC/USDC, VTC/KRW. But there is no trading volume, mean that your buy or sell order will not get filled on Dove Wallet.
How To Buy Vertcoin
At the time of writing, you can buy Vertcoin only on Bittrex because Bittrex has 99% of VTC trading volume. To buy Vertcoin go to Bittrex exchange and make an account. Verify your account if you want to increase your daily withdrawal limits.
After signing in to your Bittrex account, go to trading. Go to VTC/BTC. You must have BTC to buy Vertcoin on Bittrex.
Select the amount of VTC coin you want to buy. Enter the price at which you want to buy Vertcoin and click Buy.
Your order will be placed and once get filled you will own Vertcoin. Your Vertcoin will start showing in your Bittrex wallet.
Vertcoin Vs Litecoin
Let’s see some details on Vertcoin Vs Litecoin
Vertcoin launch date was Jan 11, 2014, where as Litecoin was launched in Jan 3, 2009.
Market cap of Vertcoin is $11,363,054, and Litecoin market cap is $9,371,890,485.
Both Vertcoin and Litecoin are open source platform.
Both coins have total supply of 84,000,000.
Vertcoin uses Lyra2REv3 mining algorithm which is changed to Verthash on Jan 30, 2021.Where as Litecoin uses scrypt mining.
Both coins have block time of 21.5 minutes.
Time of transaction for both coin is appx 2.5 minutes.
Vertcoin blockchain size is 6.24 GB, whereas Litecoin blockchain size is 39.23 GB.
Vertcoin initial block rewards is 50 VTC, Litecoin initial block reward is 12.5 LTC
Next halving for Vertcoin is Jan 30, 2021, where as next halving for Litecoin is 15 Aug, 2023.
CPU mining is outdated for both coins.
Vertcoin can be mined with GPU mining but it is outdated for Litecoin.
Vertcoin cannot be mined by ASIC as it is ASIC resistant, whereas Litecoin can only be mined by ASIC’s.
Vertcoin has kept mining decentralized, so that anyone can mine Vertcoin but Litecoin mining is no more decentralized, only large firms can earn profits from mining Litecoin with the ASIC miner.
Transaction fee for Vertcoin is appx 0.01 usd, where Litecoin transaction fee vary from $0.15 to $0.75.
Vertcoin Price Prediction
Vertcoin was launched in Jan 2014 at the price of 0.07234 USD the infant crypto community of 2014 loved the idea behind Vertcoin, so VTC price exploded and touched $6 in Feb 2014. After such a high price increase, a fall was expected, so the price of Vertcoin kept on falling and maintained an average of $0.051 to $0.045 from 2014 to 2017.
In the end of 2017, like all other cryptocurrencies, the Vertcoin price sky rocketed ad reached $10. Then it kept on falling in 2018-19 and came as low as $0.020. At the time of writing, VTC price is $0.194.
In the past, crypto community made many Vertcoin price predictions from twitter influencers, YouTube videos, telegram gurus and more.
Our Vertcoin price prediction for 2021 is around $0.20 and $0.49.
The Vertcoin price prediction for 2022 varies around $0.39 and $0.81.
The Vertcoin price prediction for 2025 is above $4.10.
Please remember that these are just our predictions, we are not at all financial advisors and no one knows where the price of VTC will go in future. Also, Vertcoin is a small community of miners and users that are fighting against giant ASIC mining firms, so it is possible that may lose that fight and VTC coin and its mining become centralized.
if you want to invest in Vertcoin, invest in moderation, and only what you can afford to lose. Investing in cryptocurrency is always a bit of a gamble. And it is up to how much you want to invest or loose. We think that Vertcoin is an interesting coin for anyone’s portfolio, but do your own research before investing in any kind of financial instruments.
Vertcoin Reddit is an authoritative community of 33.6K Vertopians. Vertcoin Reddit is always busy discussing ideas for making Vertcoin better and fighting ASIC mining. Vertcoin Reddit is confidant that they are going to crush ASIC mining once gain by VertHash update.
Vertcoin Reddit comes with some rules. Anyone is free to join Vertcoin Reddit, but you may not post any low-quality content. You cannot post anything in Vertcoin Reddit that has been posted already.
There is no requirement of post or comment karma, minimum account age for posting in Vertcoin Reddit. That makes it very easy for everyone to join and post on Vertcoin Reddit.
They share all Vertcoin new releases on their Reddit account, plus the enormous advantage of Vertcoin Reddit is that freelance or interested developers when code something new that is beneficial for Vertcoin mining, wallets or its core programming they share it on Reddit.
Billy Markus, (Shibetoshi Nakamoto on Twitter) one of the founders of the Dogecoin (DOGE) project, shared a message on Twitter after the week-long Dogecoin mega show . Saying that he sold all of his DOGE coins in 2015 due to harassment from the community, and now these harassment have started again.
Dogecoin (DOGE) went up from $0.0085 to $0.0860 which is insane 10x (1000%) growth in no time.
Billy Markus , a software engineer, used to work for IBM. Markus met Jackson Palmer in 2013, and the duo developed the Dogecoin project in December of that year.
Markus said that he left the project in 2015, sold all of the DOGE coins he owned after leaving the project. This decision was because of financial reasons, and the money he made by selling his dogecoin was enough to buy him a used Honda Civic.
According to Markus, the chart DOGE drew this week resulted in some making millions of dollars.
Markus, started receiving a lot of messages from people after the Dogecoin coin upward trend, pushing him to do something on the project, which he has no connection for almost seven years.
“I left Dogecoin seven years ago after harassment from the cryptocurrency community. These harassments started again. My financial situation is in good condition. But people expect me to do something in a project which I have no connection anymore.”
The Tweet Said:
also i don't say this as a sob story – i'm financially fine – i just want to offer some perspective of what it feels like to have a mob demand you to do something for them on a project that you have no current involvement in, that you've seen others make many millions off of
