BitcoinWorld

Latest News

Aziz McMahon quits his job after making Dogecoin fortune.

Aziz McMahon quits his job after making Dogecoin fortune.

A Goldman Sachs executive reportedly quit his job after he made a Dogecoin fortune. After working at this banking giant for 14 years in London, the senior manager left the job.


Aziz McMohan was a Former Managing Director and Head of emerging market sales at Goldman Sachs. The Guardian reported on Tuesday that he made significant gains from his DOGE holdings.


However, there are no reports that specify precisely how much McMohan made from his Dogecoin holdings. Some sources claim that it was a substantial amount.


McMohan, the finance veteran, invested in Crypto by using his account without trading for Goldman Sachs. McMohan did not respond to Cointelegraph’s request for a comment immediately.

Dogecoin


Moreover, DOGE rallied over 1000% in value this year. In addition, Dogecoin has repeatedly been recording several significant milestones recently. It is also outstripping the most significant cryptocurrency Bitcoin BTC in the number of related internet search queries.

Dogecoin has emerged as one of the fastest-growing digital currencies since the beginning of 2021. According to CoinMarketCap data Dogecoin is surging from just $0.005 to an all-time high of $0.68.


Launch

Billy Markus, an IBM software engineer, and Jackson Palmer, an Adobe engineer, in 2013 launched Dogecoin. Moreover, “Doge” is the popular meme behind Dogecoin.


Shiba Inu

In addition, there is another dog-based cryptocurrency that has been surging recently. The Dogecoin imitator Shiba Inu (SHIB) broke new all-time highs and subsequently saw a 13% slump to trade at $0.000028.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.