As the Dogecoin market reaches a new turning point, the founder Billy Markus's position is clarified once again.

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As the Dogecoin (DOGE) market enters a new phase, project founder Billy Markus (also known as Shibetoshi Nakamoto) has reiterated his past involvement. He is currently distanced from the DOGE project and emphasizes that he had already stepped back from the project over the past 10 years.

Market Activity Indicated by Price Trends

According to the latest data, DOGE’s current price is $0.13, with a 24-hour fluctuation of -5.27% and an 8.69% decline over the past 7 days. This suggests a correction from higher levels seen last week. Market participants are continuing to debate whether this fluctuation is a temporary correction phase or the beginning of a new trend.

Underlying Expectations and Project Evolution

Dogecoin was conceived by Billy Markus as a playful alternative to Bitcoin. Since then, the project has transitioned to a community-led development model and has gained widespread support.

Speculation about potential partnerships with Tesla or adoption by Elon Musk’s venture companies is circulating in the market. While no concrete announcements have been made, these speculations continue to generate ongoing expectations among investors and cryptocurrency enthusiasts.

Community-Driven Development Path

With the founder’s role becoming more of a historical footnote, the development of Dogecoin is now supported by active community engagement. This bottom-up project management approach attracts attention from investors and participants worldwide, and expectations for future project developments remain high.

DOGE0.69%
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