- Dogecoin founder Billy Markus recently said that the meme coin may never hit its all-time high again.
- Regardless, Elon Musk continued to voice his support for DOGE and its community.
- DOGE price has continued its uptrend while some analysts argue the bottom may be in.
Billy Markus, the founder of Dogecoin, believes the memecoin price may never return to its all-time high as 2021 was a “weird year.” Still, DOGE holders are bullish amidst Elon Musk’s support and believe the Shiba-Inu-themed cryptocurrency could continue its uptrend.
Dogecoin founder Billy Markus is bearish
Billy Markus is known to often throw his weight behind Dogecoin and condemn comments that address the project as a “pyramid scheme.” Markus has often iterated that investors are interested in DOGE only when the price is high, and this is not the right approach. Interestingly, in a recent tweet, the creator made bearish comments on the token’s price action.
Pseudonymous crypto analyst and trader @cocochaneladair posted a picture of Dogecoin’s price chart hitting all-time high of $0.74 and tweeted, “Can’t wait to see this again.”
Can’t wait to see this again #Dogecoin #DogecoinToTheMoon pic.twitter.com/DpNr1PrM9b
— Coco Naka-No-Mo-Money (@Cocochaneladair) June 20, 2022
