Billy Markus, an IT programmer who cofounded the first meme cryptocurrency Dogecoin in 2013, took to Twitter to react on DOGE’s recent price surge (+ 6.30 percent in the last 24 hours, according to CoinMarketCap).
The leading canine crypto is currently trading at $0.1493, with only a slight move upwards separating it from reclaiming the $0.15 milestone. The currency managed to take $0.15 earlier today, but subsequently dropped below it again, as seen in the screenshot.
Markus also stated that he expects Doge coin to reverse its downward trend and begin growing again.
Doge coin reached an all-time high of $0.7376 on May 21 of last year, but it did not stay there for long, and it failed to climb any farther.
The DOGE cofounder also remarked on this, claiming that the $0.73 flirtation was just temporary.
Dogecoin has been on a bearish trend since reaching the ATH, rising to smaller highs but then falling below them. On October 20, DOGE hit $0.3, which was one of the most recent highs. It hasn’t been able to go close enough to test this level since then.
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