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© Reuters. Dogecoin Founder Says Crypto Spam Bots Have Called A Quit- DOGE founder observes fewer crypto spam bots on Twitter (NYSE:).
- Markus believes the number dropped because of the cost of mass spamming.
- Elon Musk withdrew from a deal to acquire Twitter for $44 billion because of spam bots.
Billy Markus, the software developer who co-founded the meme , has once again used Twitter to bring attention to the issue of crypto bots. He claims to have noticed fewer spam bots this time and wonders if Twitter has taken any action to address this problem.
i’m… seeing less twitter crypto scam bots?why is nobody talking about this!
— Shibetoshi Nakamoto (@BillyM2k) September 30, 2022
Markus noted that the number of cryptocurrency spam bots he currently encounters on Twitter has significantly dropped, which he attributed to the rising expense of mass spamming, and a decline in the number of people believing frauds. In his words:
I wonder if the cost of mass spamming the same obvious stupid scam exceeded the number of people gullible enough to believe the apparent stupid scam, or if Twitter did something.
Markus believes there are currently about 20 obvious scam bots, which used to be 200 every tweet.
The founder and chairman of Boardroom Capital commented sarcastically, saying, “Crypto down so bad even the bots called it quits.” Although, a crypto enthusiast alleged that Twitter is deliberately turning a blind eye to the problem, wondering why it takes them too long to resolve the issue.
Last April, the billionaire CEO of Tesla (NASDAQ:), SpaceX, Elon Musk, withdrew from a deal to acquire Twitter for $44 billion in cash because of the issue of the spam bots. Elon reportedly said Twitter did not disclose accurate information on the proportion of bot users on the platform because he thought the former constituted the vast majority of accounts.
The post Dogecoin Founder Says Crypto Spam Bots Have Called A Quit appeared first on Coin Edition.
Shiba Inu (SHIB) and Polkadot (DOT) are two popular cryptocurrencies at the moment. After being listed on Robinhood, Shiba Inu (SHIB) has experienced a 35 percent gain in value.
One of the most commonly searched questions on Google is, “How can I make money with cryptocurrency?”.
Unfortunately, the solution is not as straightforward as most of us would like. Every cryptocurrency trader should be aware of a few key tips and methods before investing.
Quitriam Finance (QTM)
Quitriam Finance (QTM) token holders will be eligible for airdrops from the Quitriam Finance launchpad, which is still in the works. Pre-orders for the QTM coin are presently being accepted. The current presale will receive 30% of the overall token supply, which stands at 500 billion tokens at the moment. Users who join early will receive a 5% discount on their purchase.
The Quitriam Finance (QTM) platform’s core feature will be a decentralised exchange. The programme was created to help retail consumers gain access to yield farming platforms and earn passive income through liquidity mining. The Quitriam Finance ecosystem, which includes a decentralised exchange, will act as a testing ground for new tokens as well as a liquidity solution. NFTs will be able to be swapped between chains.
The network will also support other tokens, such as the QT stable currency, which QTM holders can obtain through liquidity mining. The QTM token will also function as the native governance token for the exchange.
The Quitriam Finance community will manage the project as a decentralised autonomous organisation (DAO). The platform’s future evolution will be decided by all token holders on an equal basis.
Additional revenue can be generated by staking the QTM coin. The Quitriam Finance ecosystem will provide cross-chain interoperability with other Proof of Stake coin networks.
Look no farther than the three coins mentioned above if you’re seeking a long-term investment opportunity in 2022. It combines a decentralised exchange and a launchpad platform under one roof, Quitriam Finance (QTM) has the potential to be a multibagger.
Securipop (SECR) is another excellent option for individuals looking to profit on presale tokens.
Securipop (SECR) is a blockchain-based cryptocurrency that aims to help construct decentralised communication networks. This crypto project prioritises privacy and security.
Polkadot (DOT)
The mascot of Polkadot (DOT) The Department of Transportation has had tremendous growth and has no plans to enter a recession in the near future. The DOT token was selling for $18.22 at the time of writing.
Para chains may soon offer 2X revenues as they grow more popular among developers. Polkadot (DOT) enables network interoperability across chains while maintaining security.
The DOT token’s current all-time high price is $54.98, which was set on November 4, 2021. A recovery might force it to retrace back to its all-time high price, rewarding holders handsomely.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is a cryptocurrency that was first issued in August 2020 and has quickly grown in popularity. Shiba Inu is called after the lovable puppy that has recently created a plethora of jokes.
Shiba Inu (SHIB) is one among the top 15 cryptocurrencies in terms of market capitalisation. It is presently ranked 15th, and from its debut, it has proved its ability to develop a close-knit and loyal community.
Shiba Inu is currently putting together ShibaSwap, a decentralised exchange (DEX). SHIB’s popularity soared, much like Dogecoin, thanks to Musk’s attention on Twitter. As a result, SHIB was listed on major cryptocurrency exchanges such as Coinbase, BitStamp, and Bitso, increasing the project’s awareness and attracting new investors.
Shiba Inu (SHIB) has announced the construction of Shiba Land, a Shiba metaverse, to take things a step further. Investors are currently interested in everything metaverse-related, this initiative raises SHIB’s long-term growth predictions.
Find out more:
Quitriam Finance
https://presale.quitriam.io/register
https://quitriam.io/
Securipop
http://presale.securipop.io/
securipop.io
This article does not necessarily reflect the opinions of the editors or management of EconoTimes
Just when you thought Ethereum was going to get predictable – It throws you another curveball. This delay with the London Hardfork hasn’t seemed to have stopped Ethereum’s momentum. Why is that? Is Ethereum showing new strength against FUD, haters and even Bitcoin? Or is this a flash in the pan?
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Topline
Though he’s kept quiet for much of dogecoin’s meteoric rise over the past year, the coin’s cofounder Jackson Palmer broke his silence to rail against cryptocurrencies in a wild tweetstorm Wednesday afternoon, offering a rare glimpse into his long and fraught history with the nascent space that’s grown nearly 300-fold since he abandoned it years ago.
In a rare return to Twitter, one of dogecoin’s two cofounders claimed the crypto market is … [+]
Key Facts
The Australian-born Palmer, one of the two software engineers who created the massively popular coin as a joke in 2013, started his 10-tweet critique by saying that after years of studying cryptocurrencies, he never plans on returning to the space because he believes it’s an “inherently right-wing, hyper-capitalistic technology.”
Palmer lamented the crypto market’s resurgence over the past year, claiming it’s “controlled by a powerful cartel of wealthy figures,” and seemed to take jabs at Tesla chair and self-proclaimed “Dogefather” Elon Musk, saying retail investors have been sold a “false promise of one day being a fellow billionaire.”
Now a director of product management at Adobe, according to his LinkedIn profile, Palmer has been mostly quiet online and in the media since early 2015, when he stopped working on dogecoin and announced on Twitter an “extended leave of absence” from the cryptocurrency space, calling it “toxic and frankly, stagnant.”
However, he’s also emerged online sporadically—particularly during periods of increased market mania: When dogecoin’s market capitalization first surged past $1 billion in 2018, Palmer called the excitement over cryptocurrency’s investing potential “worrying” in now-deleted tweets.
Palmer has said he abandoned what could’ve been a dogecoin fortune when he left in 2014, saying he “didn’t come away with any money” in a 2018 interview.
More recently, he reportedly called Musk a “self-absorbed grifter” after Tesla decided to stop accepting bitcoin as a method of payment in May, prompting a widespread sell-off that the cryptocurrency market has yet to recover from.
Key Background
Palmer and Billy Markus created dogecoin in December 2013 to poke fun at the wildly popular Doge meme (of a Shiba Inu dog) and the growing hype around the nascent crypto market (bitcoin itself was not even five years old). “It was always like a hobby project, like a side project thing,” Palmer said in 2018. Markus has fully embraced the dogecoin meme even though he also left the project in 2015. Markus, who now runs an active Twitter account with more than 400,000 followers, says he sold and gave away all his dogecoin holdings at the time, but he’s since purchased some more. “I bought dogecoin after eight years of vowing never to buy crypto again, an hour ago,” he tweeted in June.
Crucial Quote
“These days even the most modest critique of cryptocurrency will draw smears from the powerful figures in control of the industry and the ire of retail investors who they’ve sold the false promise of one day being a fellow billionaire,” Palmer tweeted Wednesday. “Good-faith debate is near impossible.”
Surprising Fact
Though it at one point soared nearly 1,500% this year, dogecoin’s price has crashed nearly 75% from an all-time high on May 8, the night of Musk’s Saturday Night Live debut. At its peak, the cryptocurrency amassed a market cap above $93 billion.
Further Reading
The man who dodged the Dogecoin (Decrypt)