CoinDesk reported
dogecoin creator Jackson Palmer was disconcerted this week when the token saw $ 101 million in trading volume during just one day of the surge.
In a recent video uploaded to his personal YouTube channel,
Dogecoin creator Jackson Palmer shared some of his thoughts on ICOs and their effect on the ether price.
In a recent video posted to his personal YouTube channel,
Dogecoin creator Jackson Palmer explained how, in his view, the frenzy around Initial Coin Offerings (ICOs) is causing a speculative bubble in the price of ether, which is the native token of the Ethereum network.
Not exact matches
As Coindesk reports, Jackson Palmer,
Dogecoin's
creator, suggests that the currency's increasing value represents a worrisome trend, partly because the currency — with which he is no longer involved — «hasn't released a software update in over 2 years.»
The comedic beginnings of the
Dogecoin have become an excuse for the
creators to turn it into a friendly and fun cryptocurrency which makes it stand out.
DogeCoin, which was just a joke of a currency - as declared by the
creator himself, has hit $ 2 Billion.
Known to the crypto community as the
creator of
Dogecoin, Jackson Palmer, product manager at Adobe by profession and coder by passion, told Cointelegraph how he sees the future of the cryptocurrency, started as a parody and broke the $ 1 bln market cap in the beginning of 2018, shared his thoughts on the cryptocurrency community, and disclosed some plans for the future.
According to Jackson Palmer, the
creator of the currency, the people who invested in
DogeCoin were usually first - timers trying out how things work in the world of altcoins.
The currency has been slowly disintegrating since vape enthusiast Alex Green — formerly Ryan Kennedy, who stole millions in customer funds in another cryptocurrency scam — pushed out the original
creators and moderators for
Dogecoin in a soft coup to the benefit of his new dogecoin exchange,
Dogecoin in a soft coup to the benefit of his new
dogecoin exchange,
dogecoin exchange, Moolah.
Known to the crypto community as the
creator of
Dogecoin, Jackson Palmer, product manager at Adobe by profession and coder by passion, told Cointelegraph how he sees the future of the cryptocurrency, started as a parody and broke the $ 1 bln market cap in the beginning of 2018, shared his thoughts on the cryptocurrency community, and disclosed some plans for the future.
Despite the dismay of its
creator, some people even see
dogecoin as a serious investment.
While PepeCoin
creators are focused on presenting the way their currency works in practice, offering proof of stake and evidence of work method combined into making a hybrid cryptocurrency that would improve user experience,
Dogecoin relies on the fact that there is a wide, and more importantly strong, community that supports
Dogecoin.