The Co-Creator of the memecoin Dogecoin – Billy Markus (better known as Shibetoshi Nakamoto) – thinks if either Binance or Tether goes down, this could be “pretty much game over.” The American software engineer also outlined that an increasing number of people have realized that too much centralization is a “big weakness.”

Among the 10 most expensive Telegram usernames sold on Fragment, one stands out for a particular reason – it is the only one related to the <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency sector</a>, and it is one of Tesla (NASDAQ: <a href="https://finbold.com/stock/tesla-tsla/">TSLA</a>) CEO Elon Musk’s favorite coins – the meme token Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/">DOGE</a>).

Billy Markus, the founder of meme cryptocurrency Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/">DOGE</a>), has warned that raising money to rescue FTX will give room for Bankman-Fried to ‘commit enormous fraud again,’ he <a href="https://twitter.com/BillyM2k/status/1592764273742471172" target="_blank">said</a> in a tweet on November 16.&nbsp;

According to a&nbsp;<a href="https://www.globenewswire.com/news-release/2022/11/15/2556474/0/en/Dogecoin-Community-Crowdfunds-Statue-For-The-World-s-Most-Beloved-Dog.html" target="_blank">press release</a>, members of the Dogecoin community are participating in a month-long crowdfunding campaign to create a bronze statue for Kabosu, the Japanese dog behind the inspiration of the DOGE mascot. Notably, the target for the crowdfunding campaign is $42,069.&nbsp;

It’s no secret that Dogecoin (DOGE) is a popular investment. Maybe it’s the adorable face of the Dogecoin mascot, a Japanese Shiba Inu breed dog named Doge.

Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%.

Dogecoin has posted significant losses over the past 24 hours, per data from CoinGecko. DOGE has lost over 20% in value over the past 24 hours and is trading around $0.082 at the time of publication.

The top five traded coins were, respectively, Tether (↓0.02%), Dogecoin (↑12%), Bitcoin (↓0.05%), Ethereum (↑0.4%), and USD Coin (↓0.01%).