The cryptocurrency industry hoards thousands of networks like Dogecoin [DOGE], Bitcoin [BTC], Shiba Inu [SHIB], and others. While few networks have managed to grow in terms of price, others have seen progress only in terms of community support. The industry is home to several community-driven networks. Members of the community have shown to maintain some networks at the top of their game by providing consistent support and favorable promotion. Billy Markus, the co-founder of Dogecoin, has recently said that he wants to abolish the shilling culture.
Markus has time and again stressed the fact that he despises shilling. Previously, he had even urged the Dogecoin community to refrain from shilling the asset if they wanted mainstream firms to embrace it.
Earlier today, the co-founder of Dogecoin decided to include Bitcoin into the mix as well. He pointed out that there have always been deluded Bitcoin shills. He pointed out that this does not prevent it from crashing. As a result, he encourages communities to concentrate on increasing the value and usability of their assets.
Many people find excessive shilling to be off-putting. The Dogecoin community went on to shill the asset extensively to McDonald’s. While that led to nothing, several community-driven networks like Floki Inu [FLOKI], Shiba Inu, and Dogecoin itself have benefitted from a positive shilling.
Will Dogecoin ever hit $1?
This would go down as one of the most asked questions in history. Despite existing in the market for several years, Dogecoin failed to hit $1. The asset wasn’t under the wraps. It is one of the most popular assets in the market. From Elon Musk to GenZ, Dogecoin has grabbed the attention of many.
The price of the asset did not seem to be affected by the raging fan base of the meme coin. The community grew impatient and posed Markus with questions. The Dogecoin co-founder seemed to have a rather witty reply.
At press time, the meme coin was trading for $0.115 with no dramatic changes in its price over the last couple of hours.