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Dogecoin creator Billy Markus, despite selling off his original holdings years ago, made $780,000 this year alone by selling tokens gifted to him. Markus continues to profit from the cryptocurrency space without holding onto any Dogecoin.
Markus Earns Big From Free Tokens
This last year, Dogecoin's creator, Billy Markus (often called Shibetoshi Nakamoto), has had quite the adventure with the money he made from selling tokens he received.
His notoriously low-priced Dogecoin assets, which he liquidated in 2015 to buy a car, are now worth more than $9 million, and they were worth more than $45 million at their peak.
Markus’ Ongoing Presence in Crypto
Despite selling his DOGE years ago, Billy Markus has maintained an active presence in the cryptocurrency industry. A number of wallets accepting various coins have been created by him throughout the past twelve months. He has been able to sustain himself well through the sale of these tokens.
According to reports, Markus reportedly earned almost $780,000 in 2024 alone from the sale of tokens that were handed to him at no cost, U.Today.
Profits Continue Despite DOGE Sale
He has conducted multiple token sales this year, the most recent of which was just a few days ago. Given his skill for turning free tokens into real money, Markus seems to have continued to profit from the cryptocurrency field even after selling off his initial holdings of DOGE.
Even though the value of Dogecoin skyrocketed, Markus may be smiling all the way to the bank because he keeps receiving free tokens in his wallet, which he then sells.
$780,000 in 2024 Alone
Despite the belief that Markus missed out on a fortune during the first Dogecoin sale, his continued income from gifted token sales show that he was not totally irrelevant.
Given that Markus has already made about $780,000 this year, he should have no trouble purchasing a new automobile, and possibly even more!
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