According to Onchain data, Shibetoshi Nakamoto (Billy Markus), who is among the founders of Dogecoin along with several others, seems to have made a large amount of profit from various memecoins.
Markus sold his DOGE for $10,000 to buy a car in 2015. Those coins would be worth $9 million today, or $45 million at DOGE’s all-time high.
However, the founder seems to have found a different method to generate more income. A while ago, he created a number of new cryptocurrency wallets to collect donations from other memecoin founders and published them on his social media account.
According to the data, thanks to the large number of memecoin developers who sent tokens to these addresses to be recognized, the Dogecoin founder earned exactly $ 780 thousand in income this year, completely free of charge. The founder sells the memecoins sent to him not long after.
Thanks to the Baby Neiro memecoin tokens sent to him three days ago, he earned 12.2 BNB, or $7,243, and sold them immediately.
*This is not investment advice.