Dogecoin co-founder reacts to rally tied to 'helicopter money' rumors
Dogecoin co-founder Billy Markus weighed in on X today while cryptocurrencies rallied, a move many traders linked to circulating rumors about possible ‘helicopter money’ — direct cash stimulus from policymakers. The market-wide lift pushed DOGE higher intraday as attention on macro stimulus and retail flows converged. Markus’ brief reaction underscored how founder commentary can quickly influence sentiment around meme-linked tokens.
The episode matters because stimulus expectations can boost risk assets even before any official policy decision, often increasing short-term volatility. Market participants should treat the helicopter money narrative as speculative until central banks or governments confirm measures; rallies driven by rumor can reverse once clarity arrives. DOGE holders and traders will likely watch official macro headlines closely for confirmation or retraction of the claims.