Dogecoin Founder Highlights Poor ETH Performance Compared to BTC and DOGE
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Billy Markus, known on the X platform as Shibetoshi Nakamoto, who created Dogecoin together with Jackson Palmer in 2013, has published a post to comment on the slightly negative ETH price performance compared to that of Bitcoin and DOGE. Shibetoshi Nakamoto shared charts showing Bitcoin and Dogecoin riding a green wave, while Ethereum is sinking into the red zone. “Ethereum retarded”: Dogecoin creator Since the weekend, the second largest cryptocurrency Ethereum has been trading in a range, striving to break above the $3,215 resistance zone and hold there. ETH managed to surpass this strong resistance twice – on Saturday and then again on Monday, when it succeeded in reaching $3,215 and $3,225 respectively. Between Friday and Monday, Ethereum demonstrated a 6.8% surge. However, since then, ETH has dropped twice to the $3,080 area and is currently changing hands at $3,127 per coin. Unlike Ethereum, the flagship cryptocurrency Bitcoin has been showing a clear rising trend over the same recent period. It features highs and lows but overall rose by 7.13% by Tuesday and hit $93,975. By now, the pioneer crypto has rolled back a little and is trading at $93,308. As for Dogecoin, between Sunday and Tuesday, the iconic meme cryptocurrency showed an increase of nearly 21%, soaring from $0.34 to the $0.42 local high. The pullback…
Filed under: News - @ November 20, 2024 10:24 am