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Billy Markus, one of the two software engineers who created and launched the iconic cryptocurrency Dogecoin in 2013, known on social media as Shibetoshi Nakamoto, posted a tweet, commenting on the bullish setback that the cryptocurrency market cryptocurrencies experienced today after about a week of a strong correction preceding it.
Markus tweeted that “crypto is tearing up.”
Markus is known for his sarcastic and playful comments about crypto whenever the market goes up or down. On December 20, when Bitcoin, Ethereum, Dogecoin and other top cryptocurrencies turned dark red, Markus tweeted in his usual way: “I’m so glad I left my job. »
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The cryptocurrency market enters the green zone
Flagship cryptocurrency Bitcoin leads the way here, climbing 3.8% in the past 24 hours from $93,000 to $96,777, but now trading at $96,653 after a slight pullback at the time of write these lines.
Bitcoin was last seen at this price level five days ago on December 27. On December 30, it bottomed at $91,625 as FUD (fear, uncertainty, doubt) began to spread against Tether’s popular stablecoin USDT in the context. of the recently adopted cryptocurrency regulations in Europe.
Ethereum, the second largest cryptocurrency, surged 4.81% since yesterday, from around $3,318 to $3,477. A slight rebound took it down to $3,468.
Dogecoin increased by almost 10% in the last 24 hours, from $0.31 to $0.34. However, now the original cryptocurrency has rebounded lower and is changing hands at $0.33 per coin.
AI Coins Soar
As reported earlier, today, January 2, AI-themed meme cryptocurrencies suddenly gained momentum, increasing by over 26% and surpassing a total of $10 billion in capitalization stock market over the past 24 hours, according to data shared by CoinGecko. . The trading volume reached $2.46 billion.
The leader among these meme coins is ai16z, launched in October 2024, which has already surpassed meme coin market leaders such as DOGE, SHIB, and PEPE in terms of price, as it is currently trading at $2 per coin. Ai16z currently occupies the 201st position on the CoinMarketCap scale.
