Dogecoin Founder Comments on $150 Billion Loss Suffered by Crypto Market

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. Read U.TODAY on Google News $150 billion gone from crypto market, Markus shares take Strategy buys mammoth Bitcoin portion Advertisement Billy Markus, a software developer who created the iconic meme coin DOGE in collaboration with Jackson Palmer in 2013, is a frequent X user. He is known to often post memes and comments on recent sharp events in geopolitics, economics and the crypto space. On social media, Markus is known as “Shibetoshi Nakamoto,” an ironic reference to the pseudonymous Bitcoin creator Satoshi Nakamoto. Today, Markus took to X to comment on the recent crypto market crash, which wiped out a staggering $150,000,000,000 in assets as Bitcoin plunged and its rival, gold, reached a new all-time high. $150 billion gone from crypto market, Markus shares take Shibetoshi Nakamoto is well known for his comments full of sarcasm and dark irony. This time is no exception, particularly taking into account his overall skeptical attitude toward the crypto market and crypto traders. HOT Stories Morning Crypto Report: Shiba Inu (SHIB) Price Suggests Bullish U-Turn in February, XRP Insider Signal? Ripple Boss Flirts With Community, Bitcoin Rockets 940% in Brutal $359 Million Liquidation Squeeze BREAKING: Ripple’s RLUSD to Be Listed by Binance Novogratz: Bitcoin Is 'Disappointing' Ripple President Makes Major Stablecoin Prediction Quoting a tweet by Polymarket, which stated “$150,000,000,000.00 has been eliminated from the crypto markets today,” Markus responded rather laconically: “Oh.” Advertisement oh https://t.co/BhLbZjWfr1 — Shibetoshi Nakamoto (@BillyM2k) January 21, 2026 This was triggered by the world’s flagship cryptocurrency, Bitcoin, crashing below the $90,000 level, as it lost the recently regained $96,000 zone due to the latest developments in geopolitics in northern Europe. In light of this, Bitcoin’s rival, gold, has begun soaring and reached a new all-time high above $4,800 per ounce. Crypto whales initiated a massive sell-off, triggering a real bloodbath on the market, with the aforementioned $150 billion worth of positions liquidated. According to his earlier tweets, Markus holds less than one Bitcoin and a little Dogecoin. He does not believe in altcoins or, particularly, in meme coins, which can be created very quickly, Markus said once. He has experience in creating Dogecoin; therefore, he knows what he is talking about. However, despite the community asking him many times about his plans for the future, Markus said he would never create a meme coin or any other crypto project again in his life. Advertisement You Might Also Like Mon, 01/19/2026 - 15:02 Canadian Billionaire: Bitcoin Much Easier to Confiscate Than Gold By Alex Dovbnya Strategy buys mammoth Bitcoin portion While a lot of institutions and retail investors are selling, some continue to increase their Bitcoin bet, taking advantage of the discount. On Tuesday, the largest Bitcoin treasury company, Strategy, announced the purchase of 22,305 BTC, estimated at a jaw-dropping $2.13 billion. Strategy has acquired 22,305 BTC for ~$2.13 billion at ~$95,284 per bitcoin. As of 1/19/2026, we hodl 709,715 $BTC acquired for ~$53.92 billion at ~$75,979 per bitcoin. $MSTR $STRC https://t.co/pJM0Yuy32w — Michael Saylor (@saylor) January 20, 2026 As of now, Michael Saylor’s company holds 709,715 Bitcoin in total. #Dogecoin co-founder #Bitcoin #Gold