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Billy MarcusOne of the software engineers who created and launched the popular cryptocurrency Dogecoin in 2013, known on social media as Shibitoshi Nakamoto, posted a tweet, commenting on the bullish trend that the cryptocurrency market witnessed today after almost a week of strong rise and correction that preceded it.
Marcus tweeted that “Cryptocurrencies are being copied.”
Marcus is known for his sarcastic and humorous comments about cryptocurrencies when the market is moving up or down. On December 20, as Bitcoin, Ethereum, Dogecoin and other leading cryptocurrencies turned deep red, Marcus tweeted in his usual style: “So glad I quit my job.”
The cryptocurrency market enters the green zone
Leading cryptocurrency Bitcoin is leading the way here, rising 3.8% over the past 24 hours and jumping from $93,000 to $96,777 but now trading at $96,653 after a slight pullback as of this writing.
Bitcoin was last seen at this price level five days ago on December 27. On December 30, it bottomed at $91,625 as FUD (Fear, Uncertainty, and Doubt) began to spread against the popular USDT stablecoin in context. From the newly adopted cryptocurrency regulation in Europe.
The second largest cryptocurrency, Ethereum, is up 4.81% since yesterday, rising from around $3,318 and rising to $3,477. A small rebound has pushed it to $3,468 so far.
Dogecoin is up nearly 10% in the past 24 hours as it jumped from $0.31 to $0.34. However, so far, the native cryptocurrency has rebounded lower and is trading at $0.33 per coin.
AI meme coins have skyrocketed
As we mentioned earlier, today, January 2, AI-related meme cryptocurrencies have suddenly gained momentum, increasing by more than 26% and The total exceeded $10 billion In terms of market cap size over the past 24 hours, according to data shared by CoinGecko. Trading volume increased to $2.46 billion.
The leader among these meme coins is ai16z which was launched in October 2024, which has already surpassed meme market leaders such as DOGE, SHIB and PEPE in terms of pricing as they are trading at $2 per coin at the moment. Ai16z currently sits at position 201 on the CoinMarketCap scale.
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