Dogecoin Founder Gives Shiba Inu Metaverse A Thumbs Down

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Meme project Shiba Inu recently announced the launch of his metaverse project called SHIB: The Metaverse. It was a long-awaited move for the digital asset, but not everyone is happy with what the project has done. One is Dogecoin co-founder Billy Markus, who has taken to Twitter to express his dismay at the move by the meme coin creators.

A metaverse adds no use to Shiba Inu

When announcing the new Shiba Inu metaverse, Markus had made the comments to express his thoughts on the project. He points out that this move doesn’t add any usefulness to the meme token as they made up a “random metaverse” and are now “selling fake land with Ethereum”.

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He further lamented the price of these metaverse countries, which are sold for 0.2 ETH to 1 ETH per pop for a total of 100,000 countries. It seems that the creator of Dogecoin sees this as a money grab on the part of the creators, showing that the SHIB developers are raising an additional $100 to $300 million in addition to what they have already earned from the success of the Shiba Inu.

Markus went on to add that if he was an investor in the project, a move like this would annoy him. However, he urged people to continue if they intend to further enrich the developers.

Another tweet from Markus appears to be a further dig at Shiba Inu. This time, the founder explained that people want things that add value to their lives, by adding that; “If your community is based on get-rich-quick, it’s going to be the worst community ever created.”

SHIB trending at $0.000025 | Source: SHIBUSD on

Dissatisfied with scammers

Markus’s problems don’t seem to be just with the Dogecoin rival, but with the entire crypto community in general. In a shocking revelation, the co-founder of Dogecoin told his 1.2 million followers that he made only $3,000 in total from Dogecoin. This is a digital asset that had grown so much that it reached a market cap of $80 billion dollars, he said in his tweet.

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For Markus, he is dissatisfied with the fact that scammers continue to make millions of dollars alongside strangers attacking him on Twitter all day long. While he had made so little of his creation.

Billy Markus had created Dogecoin with his friend and colleague Jackson Palmer, both of whom later left the project and subsequently exited the market. Markus had sold his stash of crypto seven years ago to pay his rent and buy an old Honda. Since the meme coin came to prominence in 2021, Markus has re-entered the community ever since. However, Palmer has indicated that he plans to stay away from the crypto market.

Featured image from Daily Express, chart from

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