⚡Dogecoin Co-Founder Admits 220K DOGE Holdings

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    ⚡Dogecoin Co-Founder Admits 220K DOGE Holdings

    Hey Blockster,

    Most of the time, startup founders hold a significant portion of their companies' shares.

     

    An excellent example is Elon Musk, who caused quite some impact on the Tesla stock price after selling dollar-billions-worth of his holdings to pay his taxes.

     

    In the crypto space, a similar trend can be spotted, in which the founding teams of projects account for a great share of the native coin supply.

     

    However, the same can't be said about Billy Markus, one of Dogecoin's co-founders. According to his recent statements on Twitter, Markus only holds 220,000 DOGE, which is worth approximately $40,000 at current market prices.

     

    At the same time, while he is actively involved in the memecoin project's community, Markus clarified that he is not an official representative of Dogecoin.

     

    To learn the story's details, check out this article on Blockdesk.

    In addition to Markus' DOGE holdings, we have more exciting cryptocurrency stories for you today. Take a look at them below:

    Global Crypto Adoption Beginning To Gather Momentum — A Bright Future? – During 2017's bull market, cryptocurrencies were viewed by many as instruments solely utilized for speculation, comparing the boom at the time to the Dutch tulip mania. However, as many have changed their perspectives in this field, digital asset adoption has risen exponentially lately.
     
    5 Crypto Predictions That The Experts Got Wrong – It's safe to say that you don't have to do hours of research to find expert crypto analysis. While some have managed to be on point in this field, we have collected the top five price predictions that analysts got wrong about digital assets.
     
    5 Reasons Why Leverage Trading Is A Fool's Game — Easy To Get REKT – While trading assets on a margin can be enticing at first, it is definitely a big no for beginners, as the potential for more profits involves much greater risks than buying and selling crypto on the spot market.
     
    Crypto Regulation Around The World: EU, US, UK, And Asia – Regulators have been quite active in the crypto industry this year, with many governments changing key policies that have a great impact on digital asset businesses. And, in this article, we have collected everything you should know about cryptocurrency regulation around the world.

    That's all for today. As usual, we will return with our newest Blockdesk digest tomorrow. Check your inbox regularly to avoid missing it out!

    Cheers,
    The Blockster Team
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