Dogecoin co-creator Billy Markus, also called Shibetoshi Nakamoto, has witnessed a significant jump in the Dogecoin offloaded years ago. As per Lookonchain, a prominent on-chain analytics firm, Shibetoshi Nakamoto’s long-sold $DOGE tokens have experienced a remarkable value increase to $9M while he keeps profiting from his engagement in the crypto sector. The analytics provider disclosed this on its official social media account.
Shibetoshi’s Early-Sold $DOGE Rise to $9M in Terms of Value, Signifying a Substantial Price Increase
Lookonchain noted that the rise in $DOGE cocreator’s sold tokens indicates a substantial rise in the coin’s price. He reportedly sold the respective tokens back in 2015. At that time, the respective tokens stood at the price level of nearly $10,000. However, over several years, the price of $DOGE has gained a huge boost, reaching $9 million. Shibetoshi offloaded those tokens to purchase a car. Although the present value indicates an enormous surge, it would have touched $45M at its peak that occurred in 2021.
Dogecoin Co-Creator Keeps Earning Profits from Tokens Received for Free
Irrespective of selling Dogecoin at an early point, Markus has maintained his active position in the crypto community. He has developed many exclusive wallets to get coins for free and to sell them for profit later on. According to Lookonchain, he has reportedly earned almost $780,000 through the sale of the tokens he obtained without any cost. Most recently, only 3 days back, he carried out a noteworthy sale of BabyNeiro, generating 12.2 $BNB, accounting for $7,243.
