A famous name made a strange bet on DOGE. Youtuber Matt Wallace, Matt Wallace will deactivate his YouTube channel if the price of Dogecoin (DOGE) does not exceed $ 1 by the end of the year. Here are the details…
Youtube bet on DOGE: “If it doesn’t exceed $1, I’ll quit Youtube!”
Famous Youtuber Matt Wallace recently said on Twitter that he is confident DOGE will reach $1 before the end of the year. He said that if he didn’t reach that price, he would delete his Twitter account. Wallace is also known for defending Dogecoin. Twitter and Youtube accounts cover all things crypto. Wallace used the following statements on Twitter:
I’m so confident that Dogecoin will surpass $1 by the end of the year, if not I will delete my YouTube channel.
I am so confident #Dogecoin will pass $1 by the end of the year, that I will delete my YouTube channel if it does not.
— Matt Wallace (@MattWallace888) June 15, 2022
Wallace has 621 thousand Twitter followers. He has 246,000 followers on his YouTube channel. Shortly after that, Wallace talked about Elon Musk’s involvement on Saturday Night Live. According to Wallace, “with only 10 million viewers, if DOGE can exceed $0.75; one has to imagine what a much higher audience would do”.
Dogecoin inventor dissatisfied with Youtuber
On the other hand, just two months ago, there was an argument between DOGE creator Billy Markus and Matt Wallace . Wallace announced that he has created another coin that mimics Dogecoin to encourage individual investors to adopt the meme coin. DOGE’s inventor didn’t like the concept very much and had the impression that something was wrong. On social media, he appealed to his longtime Dogecoin fan. She warned him of legal action the team could take against it.
Markus stated that Matt was literally breaking the law and by doing so contributed to the downfall of Dogecoin, not its success. Little controversy hasn’t stopped the influencer from becoming one of DOGE’s biggest enthusiasts. Even though the price of Dogecoin has been falling for the past few months; this does not mean that the cryptocurrency has been eliminated from the contention. However, it is worth noting that the meme cryptocurrency has quite a passionate audience.
Dogecoin price is in the process of retracement
At the time of writing, DOGE is changing hands at $ 0.058 with an increase of 11.8%. In the last 7 days, it has decreased by 26.7%. As Kriptokoin.com also reported, the market has been bearish over the past week. While Bitcoin slumped to $21,000 levels, the overall cryptocurrency market value dropped below $1 trillion. Ranking 11th with a market cap of $7.8 billion, Dogecoin is trading 91.9% below the level of $0.73 it recorded on May 8, 2021.
