Holders or investors waiting for the Dogecoin price to rise often debate this topic on social media. Some people directly ask DOGE co-founder Billy Marcus how the price of Dogecoin will increase. Billy Marcus also participated in a tweet thread filled with similar questions and suggestions. The thread discusses the issue of increasing the price of DOGE by burning the coin. Let us tell you, recently the Shiba Inu project also launched a burn portal, through which millions to crores of tokens are being burnt every day. Developers expect the burning of more and more tokens to see a jump in the price of the SHIB token in the long run.
I was just in the DM talking to a guy about economy when something hit me. 😮
I have a proposal. It is based on the research of the winner of the Nobel Prize in Economics, R. Thaler.
— Vee (@RepeatAfterVee) August 7, 2022
A tweet has surfaced from the Twitter handle @RepeatAfterVee, in which the handle says that Dogecoin The value of the token can be passed on to the Moon by burning it. The tweet read, “I was talking to a guy in DM about the economy when I got a suggestion. I have a proposal. It’s based on research by R. Thaler, Nobel laureate in economics. Come to Dogecoin Burn it and go to the Moon!”
Tagging Billy Markus (Shibetoshi Nakamoto on Twitter) on Vee’s tweet, he wrote, “I think this has been talked about many times in the past, @BillyM2k should be asked what they decided?”
In response, Marcus suggests everyone burn all their coins. After this he is asked ‘Okay, what will happen after that?’ In response to which Marcus writes ‘moon’
Of course, he called it a joke, as the Dogecoin co-founder is known for his sarcastic comments. It looks like Billy Marcus has once again made it clear to the DOGE Army that Dogecoin will not follow SHIB’s example, and no burning mechanism will be considered by the project team.