'3 to 4 Years': Dogecoin Co-Founder Sets Expectations for Crypto Bear 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. Dogecoin co-founder Billy Markus , who goes by Shibetoshi Nakamoto on X, commented on the current price action in the crypto market in a post on X. Advertisement Most cryptocurrencies are trading sideways after a continued selloff that saw many coins hit multi-year lows. CryptoQuant noted in an analysis earlier in July that 40% of altcoins are trading near all-time lows, indicating that the altcoin market has reached an extreme level of underperformance. Dogecoin fell to a low of $0.0693 in early July, the lowest since November 2023, before continuing in sideways trading. At the time of writing, Dogecoin was trading at $0.0723, down 29% so far in July. HOT Stories Ripple CEO Urges Congress to Pass Clarity Act Hyperliquid (HYPE), Near Protocol (NEAR), Shiba Inu (SHIB) and Dogecoin (DOGE) Price Analysis for July 23: Bulls Reclaim the Steering Wheel this is what the crypto bear market always looks like it’s not panic inducing it’s just so boring Advertisement — Shibetoshi Nakamoto (@BillyM2k) July 22, 2026 In a standalone post which did not refer specifically to any coin, Billy Markus tweeted , "This is what the crypto bear market always looks like. It's not panic-inducing. It's just so boring." 3-4 years historically but who knows — Shibetoshi Nakamoto (@BillyM2k) July 22, 2026 This attracted reactions from the crypto community, and an X user further asked how long this "boring" phase typically lasts. Markus replied with "three to four years" but with a degree of uncertainty: "3–4 years historically but who knows." Advertisement Crypto's 'boring' phase: what is it? The "boring" phase mentioned by the Dogecoin co-founder may refer to a period of consolidation where prices are flat. This usually follows a major move up or down and sets the stage for the next directional move. You Might Also Like Thu, 05/21/2026 - 13:30 DOGE Cofounder: 'Dogecoin Going to $20 Trillion Would Not Be Boring' By Tomiwabold Olajide The market currently appears to be in consolidation, with several coins ranging. Rallies are quickly met with selling; price increases may occur, but these often fail to follow through. Altcoins' performance varies, with most underperforming. The broader market remains without excitement, with volume relatively low and sentiment cautious. Traders appear more defensive and are using less leverage. This structure looks more like a pause in a larger cycle rather than a full trend reversal. Traders often accumulate during periods of consolidation ahead of the next major move. The duration of the current consolidation phase remains unknown. #Dogecoin News #Dogecoin #Billy Markus