Dogecoin Co-Founder Reacts to $150B Crypto Market Crash
On Wednesday, Jan. 21, 2026, Billy Markus — the software engineer who co‑created Dogecoin with Jackson Palmer in 2013 — weighed in on X after a roughly $150 billion drop across crypto markets. Markus reacted negatively on the platform, continuing his pattern of using memes and brief commentary to highlight what he sees as problematic market dynamics and overextended hype.
Markus’s posts tend to attract attention from retail investors and crypto observers, so his critical take matters for sentiment around meme assets like DOGE. While his comments do not change fundamentals, they add to the broader narrative of increased skepticism and risk aversion among crypto users and could influence short‑term trading behavior.