One of the pioneers of Dogecoin (DOGE) is now slamming a company he helped start, accusing them of “promoting” rival Floki Inu. The creator and former CMO for DOGE left his position with Dogethereum in March 2018 amid allegations that Inu was trying to take over the project.
The co-founder of Dogecoin, Jackson Palmer, criticized the promotion of Floki Inu by Bitcoiin2Gen. Floki is a legitimate cryptocurrency with no ties to scams but has been marketed as “the next big thing” just like current crypto trends Ethereum and Litecoin that have also seen major fluctuations in recent months.Co-founder of Dogecoin, Meeeoooowwwrrrruuuhh, slams the promotion of Floki Inu as “greed.” The crypto community has taken to calling for a boycott.The “most bullish month for crypto” is a comment from the co-founder of Dogecoin (DOGE) who slammed the promotion of rival Floki Inu. The cryptocurrency has been experiencing a lot of mainstream attention and interest recently, which may have led to this statement.
SlumDOGE Millionaire, a crypto influencer with 116,000 Twitter followers, predicts that Floki Inu will be the next big thing. $FLOKI, he said, represented the “way out” for people who missed Dogecoin.
I wish you guys knew what was going on in my head, dude. I’m really trying to assist individuals in making money and changing their lives here. How many times have I been asked, “What’s the next great opportunity for me now that I’ve lost out on #dogecoin?” and never really had an answer? #floki is a means of escape.
November 1, 2021 — SlumDOGE Millionaire (@ProTheDoge)
However, Dogecoin co-founder Billy Markus answers by claiming that SlumDOGE Millionaire’s tweet is an unreported sponsored promotion, labeling him “slimy af” for doing so.
Dogecoin’s failures prompted a search for the next great opportunity.
Off the tail of the WallStreetBets incident, Dogecoin took off early this year, generating enormous gains. This initiative aimed to “stick it” to GameStop and AMC stock shorts on Wall Street.
This campaign quickly made its way into crypto, with Dogecoin being chosen as the target token. As a consequence, at its height, Dogecoin had a YTD return of 15,000 percent, resulting in a windfall for early investors. At the same time, purists would argue that $DOGE is unworthy of its success.
In a nutshell, this time period flipped the investment world on its head. It highlighted that generating money in crypto, or even stocks, isn’t always dependent on choosing businesses with strong fundamentals.
Given Dogecoin’s shaky foundations, it’s understandable that many investors missed out on the profits. As a result of $DOGE’s popularity, a never-ending quest for the next great thing has begun. It’s now Floki Inu’s time, according to SlumDOGE Millionaire.
The process of accumulating cryptocurrency riches
SlumDOGE Millionaire presented Floki Inu as “a way out” from life’s difficulties while selling it, which is exactly what some early Dogecoin investors got.
Markus, on the other hand, felt compelled to respond by stating that there is no “way out.” Instead, Markus believes that building crypto wealth comes from getting in early and having a steady stream of new purchasers, which drives up the price.
Some could classify this as a Ponzi scam. Nonetheless, Markus believes that there is no “magic bullet” for generating crypto money. Only chance may lead to the selection of an unnoticed token and the subsequent explosion of that token.
SlumDOGE Millionaire, he continued, is “slimy af,” and his get rich fast tale on Floki Inu is “slimy af.”
“There is no such thing as a “way out,” says the narrator.
It’s merely that the early people gain wealthy while the later people get poorer, unless the later people produce new later people who will go poorer in order for them to get richer.
It’s sleazy af to advertise something like “it’ll make you wealthy.”
SlumDOGE Dogecoin, Millionaire said, was a “way out” for him. He also maintains that he has never sold any of his $DOGE, casting doubt on how it was a “way out” for him.
He ended the tweet by denying any suggestions of hidden intentions and stating that what he says is real.
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The “altcoin daily youtube” is a cryptocurrency website that has been promoting the Floki Inu project. The founder of Dogecoin (DOGE) has come out to slam the promotion of rival altcoin.
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