$1.2 Trillion DOGE Buy: Dogecoin Co-Founder Trolls Stimulus Proposal

Dogecoin co-founder Billy Markus has responded to proposals for $5,000 stimulus checks by jokingly suggesting that the government could purchase $1.2 trillion worth of DOGE instead.

The proposal was made in response to renewed discussion over direct payments to U.S. consumers, with some economists warning that another round of stimulus could worsen inflation and weaken consumer sentiment.

Markus' comment highlights the difference between the scale of the proposed stimulus allocation and the existing size of the Dogecoin market, which is currently estimated at around $13.2 billion.