Dogecoin Creator Calls for Stop Crypto Crash: Here’s How

• Shibetoshi Nakamoto, founder of Dogecoin, made a polite request for cryptocurrency.
• He talked about cryptocurrency through memes from “Avengers: Endgame.”
• Following Bitcoin, Dogecoin fell by double digits amid Middle East tensions.

Dogecoin (DOGE) founder Billy Markus (aka Shibetoshi Nakamoto) is not particularly happy with the current market direction. Estimates of a historically strong month have been dashed by rising tensions in the Middle East, with the general cryptocurrency market seeing double-digit declines since October 1, 2024.

October markets are full of fear

The slippery slope of the weekly high of $66,304 as the flagship cryptocurrency asset Bitcoin (BTC) reached the $60,000 support the next day scared quite a few cryptocurrency enthusiasts and some decided to panic sell. According to Crypto’s Fear & Greed Index, market sentiment has shifted from greed to fear since last week.

This is why Shibetoshi Nakamoto, the founder of Dogecoin, likened the complexity of the cryptocurrency market to dating an attractive girl. “Crypto is like a really hot girl who gives you a little attention and then gaslights herself thinking you might have a chance.”– says the inventor of the best dog meme coin.

Citing the massive price declines experienced by most large altcoins since early October, Shibetoshi Nakamoto concluded: “And then he dumps you and starts dating a rich guy.”. The Dogecoin founder was likely referring to the biggest digital asset, which has been suffering a sharp decline since a better-than-expected September.

“Hey Crypto, can you stop the crash?”

The ever-changing cryptocurrency market dynamics did not spare DOGE, which suffered an 11% deficit in just 7 days. The flagship meme coin hit a double high at $0.13 before spiraling back into a pre-charged support zone above $0.10. “Hey, can you stop the crypto crash and go back to unsustainable mania?”– Nakamoto Shibetoshi pleaded.

Naturally, this disappointment is being felt among various cryptocurrency enthusiasts who have offered words of encouragement to X. “Hey Billy, Volatility happens! Jus’ hoddle is on!”– says one very optimistic cryptocurrency enthusiast. Shibetoshi Nakamoto’s latest cryptocurrency meme comes from the movie Avengers: Endgame. The “unsustainable mania” Shibetoshi called for likely means the biggest meme coin bull cycle of all time, which occurred in March 2024.

On the flipside

• Major cryptocurrency holders, also known as whales, are using this opportunity to increase their portfolios.
• On Dogecoin, whales purchased over 1 billion DOGE tokens in the last 24 hours.

Why This Matters

Prominent figures in the cryptocurrency industry can provide a more professional perspective on the current market situation.

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