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Billy Markus, the co-creator of meme cryptocurrency Dogecoin (DOGE), has issued a stark warning about the dangers of investing in the sector.

In a series of tweets on April 22, Markus termed putting money in digital assets as literally just investing in mental illness.

Investing in crypto is literally just investing in mental illness, which I suppose is on the rise, he said.

Markus remarks come amidst a bearish climate in the crypto market, with investors having suffered significant losses following the euphoria of the 2021 bull run; traditionally, such downturns have been viewed as favorable times to invest in the market.

The creator went ahead to attack some crypto products, specifically non-fungible tokens (NFT), stating that NFTs are a crypto derivative so its like, even more mentally ill. Notably, NFTs gained massive popularity in the crypto industry at one point, captivating the market with unprecedented sales

However, interest in NFTs has since subsided.

While reacting to the recent spike in the value of the PEPE meme coin, the DOGE founder aimed at those who claim that making jokes about cryptocurrency is preventing generational wealth while terming the notion as gross.

Im reacting to people talking as if making jokes about it is preventing generational wealth, which is gross. But since people are simpletons protecting their bags like baby children, they brigade and act like morons and make stupid takes like this one because brain is hard, he added.

It is worth noting that Markus has, in recent years, adopted a pessimistic approach regarding cryptocurrencies. For instance, in 2022, the Dogecoin creator revealed that he had ceased investing in cryptocurrency nine years ago, shortly after DOGEs introduction. At the time, he stated that investing in crypto could be considered a form of gambling.

In this line, Markus also hit out several digital currency projects focusing on the Binance Smart Chain (BSC). As reported by Finbold, Markus termed all BSC tokens as garbage.

On another front, as per a Finbold report, Jackson Palmer, a fellow co-founder of Dogecoin, expressed his desire for the crypto industry to end during the 2022 bear market.

Disclaimer:The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Dogecoin creator issues stark warning on crypto investing; Here's ... - Finbold - Finance in Bold

The crypto market heats up as inflation cools down. With inflationary pressures reducing, the Federal Reserve comes closer to pivoting, making the market more risk-on. The increased risk appetite of investors has led Dogecoin (DOGE), Binance Coin (BNB), and Uwerx to begin experiencing significant rallies.

Dogecoin (DOGE) was initially inspired by a meme and started as a joke. However, Dogecoin (DOGE) has gained a committed supporter base, and Dogecoin (DOGE) rallied enormously in 2021- a risk-on macroeconomic environment. Will Dogecoin (DOGE) make a repeat performance? Crypto analysts certainly believe that Dogecoin (DOGE) will continue to rally but doubt that it will reach the same levels of mania as it did in 2021. Dogecoin (DOGE) lacks fundamentals, and when investors buy Dogecoin (DOGE), they are speculating, but with strong market sentiment, Dogecoin (DOGE) could continue to climb much higher.

Binance Coin (BNB) is the native token of the Binance exchange. Binance Coin (BNB) has two primary functions. Investors use Binance Coin (BNB) on the Binance exchange for trading fees, and holding Binance Coin entitles them to discounts on the platform. The second function of Binance Coin (BNB) is its use as the base layer asset on the Binance Smart Chain (BSC). Every transaction on the BSC requires a gas fee payable in Binance Coin (BNB). Binance Coin (BNB) plays a significant role in both CeFi and DeFi, and analysts expect Binance Coin (BNB) to continue rallying in line with general market growth.

Uwerx will be a protocol that will shock investors and analysts with its price action, Uwerx will create and enable the worlds first decentralized blockchain freelancing platform and operates in an industry ripe for innovation. Despite a huge boom in the number of remote workers, centralized platforms such as Upwork have not bothered to innovate. Uwerx delivers a more trusted and secure service built upon blockchain rails, drastically reducing platform fees and ensuring better record-keeping.

Uwerxs presale price of $0.0065 presents an excellent opportunity to obtain a position in a project many analysts will believe will go on to become a blue chip project. Given its superior service and fundamental advantage over traditional platforms, experts predict that throughout 2023 million users will begin to use the service, and by 2024 it will be a vital component of the gig economy. This rampant expected growth has led analysts to predict that the WERX token may trade as high as $18 by the end of 2023.

InterFi Network and SolidProof have both completed audits of the project and its liquidity has been locked in for 25 years after the project presale has ended. This should help instill confidence in potential investors and is a testament to the determination of the team behind Uwerx to ensure that the project is a success.

Uwerxs strong foundations and its clear path to disrupt a stagnant industry make it the best choice for investors. An exquisite long-term investment and a much-needed blockchain solution for traditional freelance industry problems now more apparent than ever.

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

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Dogecoin (DOGE), Binance Coin (BNB), And Uwerx (WERX) Rally ... - Analytics Insight

In the cryptocurrency world, Bitcoin (BTC) has long reigned supreme with its dominance over the market. However, as we enter the next few weeks, we are witnessing a shift in this trend, with altcoins starting to pump. The emergence of the bull market and alt season has seen a surge in interest in alternative coins, including the latest sensation, Big Eyes Coin (BIG). As serious investors and researchers, it is important to analyze the similarities and differences between these altcoins and explore the best tokens to look out for going forward.

Bitcoin has dominated the crypto scene since 2009 when it was first released. However, it is now being challenged as altcoins rise in popularity. Since its creation, Bitcoin's value has undergone significant fluctuations. Bitcoin's worth was $500 in 2016; however, it has experienced significant variations, ranging from $27,000 to as high as $65,000 in the latter half of 2021. This is likely why altcoins are dominating the crypto sphere now. With the recent bull run and the beginning of the alt season, investors are increasingly looking towards altcoins for greater returns. Bitcoin's dominance in the market has fallen from 70% to just under 45%, with altcoins gaining traction and market share.

Altcoins are alternative cryptocurrencies to Bitcoin that offer unique features and benefits. The bull market is a period of optimism and confidence, with rising prices. The rise of altcoins and the bull market is attributed to various factors, including increased institutional adoption, improved regulation, and a growing awareness of the benefits of cryptocurrency.

Altcoins like Ethereum, Binance Coin, and Cardano have experienced significant growth and popularity during the recent bull run. As we enter the next few weeks of the bull market, investors should watch for altcoins such as Ethereum, Binance Coin and Cardano.

Ethereum, the second-largest cryptocurrency by market cap, is expected to continue its growth trajectory, driven by its upcoming upgrade, EIP-1559. Binance Coin, the native token of Binance exchange, is also expected to perform well due to the growing adoption of the Binance Smart Chain. Cardano, a third-generation blockchain, has been gaining popularity due to its scalability and sustainability.

However, the most talked-about altcoin of the moment is Big Eyes. Big Eyes is a new cryptocurrency that has captured the attention of investors with its unique features, including a charity wallet and a reflection mechanism that rewards holders. Big Eyes have quickly gained momentum and have been tipped as the altcoin to watch in the coming weeks.

With its unique features and growing community, Big Eyes are also expected to perform well in the coming weeks. The presale page is available for those interested in investing in Big Eyes, with the END300 bonus code offering a discount. However, we encourage readers to research and make informed decisions when investing in cryptocurrency.

The emergence of the bull market and the alt season has renewed interest in alternative coins, with Bitcoin's dominance over the market waning. Investors looking for greater returns should watch out for altcoins such as Ethereum, Binance Coin, Cardano, and Big Eyes Coin, all of which have unique features and growing communities. As we continue into the next few weeks, the cryptocurrency market promises to be exciting and lucrative, with altcoins and the bull market at the forefront.

To learn more about Big Eyes Coin (BIG), click on the following links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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The Rise of the Bull Market: Why Big Eyes Coin, Binance Coin And ... - Atalayar

There is no argument that digital currencies are taking over the world by becoming more relevant, user-friendly, and innovative. Signuptoken.com is one such upcoming cryptocurrency that is making headlines with its innovative practices like no presale and now the referral system which has pushed its signups to over 4,700!

The recent hack on the multi-chain lending protocol, Hundred Finance, has highlighted the importance of secure decentralized finance (DeFi) platforms; whilst it has led many to question the reliability and security of DeFi platforms, including Hundred Finance.

Hundred Finance is a multi-chain lending protocol built on the Ethereum layer-2 blockchain Optimism. It enables users to lend and borrow assets across multiple chains, including Ethereum, Polygon, and Binance Smart Chain. Hundred Finance allows users to earn interest on their assets and enables borrowers to access funds without selling their crypto holdings. The platform is designed to provide a more efficient and cost-effective way of lending and borrowing, as it eliminates the need for intermediaries such as banks.

However, the recent hack on Hundred Finance has raised concerns about the security of DeFi platforms. The protocol team has advised against speculating until an official statement has been made outlining the findings of the post-mortem they are undertaking on the assault because the platform lost over $7 million as a result of the hack.

Shiba Inu coin is a decentralized cryptocurrency that has taken the crypto market by storm. Its popularity has been attributed to its unique features, including its meme culture, low transaction fees, and community-driven approach. As with any investment, there are risks involved, and investors should conduct thorough research before investing in Shiba Inu coin or any other cryptocurrency. However, if the current trends continue, Shiba Inu coin could potentially be a game-changer in the world of decentralized finance.

Bitcoin is a decentralized digital currency that was created in 2009 which operates on a peer-to-peer network and allows for secure and fast transactions without the need for intermediaries like banks or other financial institutions.

Bitcoin is powered by blockchain, which ensures that all transactions are transparent, secure, and tamper-proof.

Unlike traditional currencies, Bitcoin has a finite supply, with only 21 million coins that will ever exist. This scarcity, combined with the growing demand for Bitcoin, has led to its value skyrocketing over the years. It is now widely used as a store of value and a medium of exchange, with many merchants and businesses accepting it as a form of payment.

Designed to provide a more secure and transparent way of trading assets, Signuptoken.com may be a better option for crypto users, blockchain lovers, fintech users and crypto enthusiasts.

Signuptoken.com is a decentralized exchange that operates like cryptocurrency, which allows users to trade, lend, and borrow assets on the blockchain while eliminating the need for intermediaries such as banks and centralized exchanges.

Signuptoken.com now offers a referral system, which enables users to invite their friends to join the platform and earn rewards for doing so. This feature encourages the growth of the Signuptoken.com community and enables users to benefit from the platforms success.

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

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Shiba Inu Coin, Bitcoin, And Signuptoken.com: Decentralized ... - Analytics Insight

Venus Protocol is an exciting decentralized finance (DeFi) platform that could be poised to disrupt traditional lending and borrowing services. With its algorithmic money market system, users can earn interest on crypto assets and take out collateralized loans without the inefficiencies of centralized middlemen. Its a streamlined, efficient and self-regulated ecosystem that puts the power back into the hands of the people

The numbers speak for themselves with over $1.2 billion in Total Value Locked (TVL) and more than $800 million in available liquidity, and as the 2nd largest protocol on the Binance Smart Chain, Venus Protocol has quickly solidified its standing in the DeFi space.

However, thats just the beginning, Venus Protocol has even more exciting initiatives to offer. At the forefront of these is the Venus Stars Program, a groundbreaking initiative that aims to foster community engagement and growth of the protocol. Moreover, Venus Protocol is set to launch a new complementary website that is packed with resources and custom-built to be user-friendly and intuitive.

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The following article will delve into the new Venus Stars Program and explore the ways in which it can benefit users and support the continued growth of the Venus Protocol ecosystem.

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The Venus Stars Program is a truly revolutionary initiative, designed from the ground up to drive community engagement and promote growth in the dynamic DeFi ecosystem. The program is ideal for Web3 enthusiasts deeply invested in the Web3 space and who share a passion for the future of DeFi. Here are the main pillars of the Venus Stars Program:

The Venus Stars Program is all about boosting organic community engagement and growth. As a Venus Star, you'll be a key player in spearheading this effort, inspiring active participation and driving momentum in the community. This could involve taking part in lively discussions, organizing new events, or even contributing to the development of new projects and infrastructure within the Venus Protocol Ecosystem.

The world of cryptocurrency and DeFi can be a daunting place, with a steep learning curve and lightning-fast pace that can leave many feeling overwhelmed and helpless. However, with the Venus Stars Program, theres no need to go at it alone. This innovative initiative places a strong emphasis on education and mentorship, providing users with the support and resources they need to succeed. As Venus Star, youll have the opportunity to educate users about the potential of Venus Protocol and connect with a diverse community of passionate DeFi experts.

Just as a seed needs fertile ground to grow and thrive, Venus Protocol needs a strong foundation of support and awareness to reach its full potential. The Venus Stars Program satisfies this need, with a unique focus on spreading awareness about the lucrative lending and borrowing opportunities within the Venus Protocol ecosystem. By acting as ambassadors, Venus Stars will help cultivate an environment for Venus Protocol to flourish.

The world of DeFi can be a scary and unforgiving place to navigate, but the new Venus Stars website is here to assist. With a streamlined, user-friendly interface and a wealth of resources, the supplementary website is a must-visit for anyone looking to hone their DeFi skills.

The website will equip users with up-to-date news, education resources and technical advancements, to allow users to stay ahead of the curve and thrive in the world of DeFi. Moreover, as discussed, the website offers mentorship and guidance from experienced DeFi experts. Whether you need help troubleshooting or want to stay on top of recent trends, the new Venus Stars website has got you covered.

With the launch of the Venus Stars Program and new website, a thrilling era of DeFi is on the horizon, paving the way for an exciting new era of DeFi. By leveraging the skills and expertise of DeFi experts, this exciting new initiative is cultivating a dynamic community of users and propelling the ongoing growth and development of the ecosystem.

Whether youre a DeFi savant or just starting out, the VenusStars.io website has something of value to offer to the Venus Community. With its unwavering commitment to community engagement and growth, Venus Protocol is well-positioned to become a true blue chip protocol in the fast-evolving DeFi industry.

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Discover Venus Stars: A Revolutionary Ambassador Program Fueling Community Engagement And Growth For Venu - Benzinga