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Ethereum Solana Dogecoin founder

Dogecoin Founder Lands In The Middle Of An Ethereum Vs. Solana Turf War

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Ethereum, Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin founder, Billy Markus has ignited an unexpected debate within the crypto community, prompting members to choose between Ethereum and Solana as the superior cryptocurrency. 

Ethereum Vs Solana Showdown

American Software Engineer and the founder of Dogecoin, Billy Markus has found himself at the epicenter of an Ethereum and Solana turf war after publishing a stimulating question about Ethereum and Solana in a recent X (formerly Twitter) post. “Which is better, Solana or Ethereum? My opinion on which one is better is whichever community tips me more!” Markus said in the post

Related Reading: Shiba Inu Team Executes 4th Burn To Bring Total To Nearly 34 Billion

In an attempt to engage the community, the DOGE founder attached two separate crypto wallets under his questions. Markus subtly encouraged community members to contribute tokens as a means of demonstrating the superior cryptocurrency. 

In response to the Dogecoin founder’s question, many crypto community members initiated an unexpected rivalry, sending various ETH and SOL tokens to the Dogecoin founder’s designated crypto wallets. 

Within a few hours, Markus had accumulated $10,000 worth of cryptocurrencies. The wallet holding ETH tokens had received an astonishing $8,200 worth of ETH while the Solana wallet had received about $2,000 worth of SOL tokens. 

The substantial contrast in ETH donations relative to SOL contributions within the crypto community underscored Ethereum’s value among members. It also provided insight into which cryptocurrency held the distinction of being the superior token to crypto investors. 

Amidst the Ethereum and Solana turf war, many community members also expanded their contribution by donating a variety of other cryptocurrencies such as Kizuna, Monkeyhaircut, Myro, Solana Beach, and more. 

The Dogecoin founder took the community member’s unique contribution humorously, stating how things were spiraling into chaos due to the influx of tokens other than ETH and SOL. 

Ethereum price chart from Tradingview.com (Dogecoin founder Solana)

ETH price sitting at $2,275 | Source: ETHUSD on Tradingview.com

Overview Of Ethereum (ETH) and Solana (SOL)

As the crypto market appears to be on a bullish trajectory fueled by the excitement surrounding Spot Bitcoin and Ethereum ETFs, Solana and Ethereum have exhibited commendable performance over the recent months. 

Related Reading: The Next FTX? MEXC Crypto Exchange Comes Under Fire For ‘Shady’ Activities

Last month, Ethereum hit above the $2,000 mark for the first time since April 2023. The cryptocurrency is currently trading at $2,281.75, and steadily gaining ground as it follows behind Bitcoin’s upward trajectory.

Additionally, Solana which is positioned just behind ETH recently outperformed Ethereum in terms of Decentralized Exchanges (DEX) and Non-fungible Token (NFT) volume. The cryptocurrency has been performing relatively well and is currently trading at $113.28, according to CoinMarketCap. 

While the dynamics of the crypto market continue to evolve and improve, many other altcoins may trace a similar path as these more prominent cryptocurrencies. Crypto investors like CEO of BKCM LLC, Brian Kelly have predicted a major altcoin season following Bitcoin’s potential bull run in 2024. 

Featured image from Securities.io, chart from Tradingview.com
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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