Billy Marcus decided to give up the ownership of cryptocurrency due to life circumstances and disagreement with the course of development of Dogecoin. The founder of Dogecoin, Billy Marcus, admitted that he sold all of his DOGE back in 2015. Then for the cryptocurrency, he received the amount for which he could buy a used Honda. He wrote about this in the comments to his open letter to the Dogecoin community on the Reddit portal.
What was the exchange rate at the beginning of 2015? The token was trading at $0.0000276. This year, against the background of attention to the project from the head of Tesla and SpaceX, Elon Musk, Dogecoin set a historical maximum value of $0.087. That is, over these 6 years, it has risen in price by 315,110%. The capitalization of the asset exceeded $8.4 billion.
The main reasons for getting rid of the token were: the wrong way of developing the coin and the dismissal of Marcus. Now the creator of the asset does not share the position of DOGE holders that its value should grow to one dollar. He believes that dogicoin simply does not deserve it.
