Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

Dogecoin Creator Billy Markus Wants Elon Musk to ‘Literally’ Send His Crypto to the Moon

Inside the dogecoin community, the slogan "to the moon" is used to describe the belief that the price of the cryptocurrency is about to surge. But the creator of the meme token has embraced a more literal interpretation."I think having an ally like Elon Musk is pretty incredible, honestly," Billy Markus, the currency's co-founder, told Newsweek. "I think it would be really cool if he does literally send dogecoin to the moon on one of his rockets."Markus, 38, of Portland, Oregon, started the project in late 2013 after joining forces with fellow software engineer Jackson Palmer.Unlike bitcoin, which currently costs the equivalent of $49,440 per coin, dogecoin has a price tag of about $0.05 and there is no limit to the number of coins that can be made. It is commonly used on websites for tipping.Also unlike its more serious rivals, dogecoin was set up as a joke—a parody that combined the shiba inu dog meme, the Comic Sans font and some of the protocols behind an open source software project known as Litecoin.It has since developed its own subculture and picked up celebrity fans. A Reddit community dedicated to the crypto has about 1.2 million members and the currency