Elon Musk Responds to Dogecoin Co-Founder’s Criticism of Modern Financial Markets as ‘Insane Stupidity’

Co-founder of Dogecoin, Billy Markus, took to Twitter to criticize modern financial markets, calling them “batsh*t insane stupidity.” This comes at a time of uncertainty in the banking sector, with two major US banks, Silicon Valley Bank and Signature Bank, collapsing and being bailed out by regulators to protect depositors and prevent a systemic meltdown. Elon Musk, CEO of Twitter, chimed in and agreed with Markus’ sentiment. Despite this turmoil, Dogecoin’s price has been on the rise, with the cryptocurrency trading at $0.072, up 3.35% in the last 24 hours. Some analysts have even predicted that the cryptocurrency market will continue to surge, with Bitcoin and Ethereum breaching $25,000 as FOMO grips investors.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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