Jackson Palmer, the founder of Dogecoin, is enjoying the recent buzz surrounding the coin. And is ready to capitalize on it financially.
In recent days, Dogecoin has come under the spotlight. It all started with an April Fool’s joke when Dogecoin conducted a poll about electing a CEO. Elon Musk was among the options and he received the majority of votes. Musk liked the joke, became its CEO, albeit a temporary one, and suggested that Dogecoin “may be his favorite”
Such a momentum most likely grabbed the attention founder Jackson Palmer. He was to quick to indicate that he is considering selling Dogecoin.com for a whopping sum of $4.20 billion.
One thing needs to be clear here: Palmer is talking about the domain, not the crypto itself which he does not hold anymore.
The tweet received multiple answers with some people offering $4.20 now and a “B” later on.
I can give you $4.20 now and a B later
— freedomtrend (@freedomtrend) April 2, 2019
A little sarcasm is nothing unusual on social media, so no wonder more commenters suggested something similar. And yet it does not seem like Palmer received any immediate offers from serious entrepreneurs out there. Following the announcement, Palmer chose to tweet his music achievement, including the latest mixes.
Shibas-backed coin in demand
Launched in 2013, DOGE has predominantly positioned itself as a ‘fun and games’ coin. What makes it special, according to the con itself, is that shibas — cute dogs with orangish fur — are its bigs fans. Hence the name — Dogecoin.
While Dogecoin does not exhibit ambitions or capacities similar to those of XRP, for example, it remains to be popular. Currently, it is among the top 30 cryptocurrencies on the market, trading at $0.00404922. In the past 24 hours, its price increased by 18.5%.
Besides, the coin also announced that HuobiGlobal, one of the biggest crypto exchanges has let the dogecoin out. Users can now deposit the coin, meaning that the demand for its presence on exchanges is there.
It's official: Huobi Global lets the #dogecoin out!
Deposit your Dogecoin ( $DOGE) now!
Details here: https://t.co/uD2q4Uo04o@dogecoin @ummjackson @elonmusk #HAPPENINGNOW #cryptocurrency #HuobiGlobal pic.twitter.com/lwtPNQYuYN
— Huobi (@HuobiGlobal) April 4, 2019
Perhaps, Palmer will manage to sell off the domain after all? In the crypto world, nothing is impossible.