Dogecoin Cofounder Sparks Crypto Rally Optimism with Social Media Post

Dogecoin's cofounder Billy Markus has broken his silence on the recent crypto market rally, sparking renewed interest in the asset.

The price of Dogecoin surged by over 10% to $0.0771, extending yesterday's gains from a low of $0.069. This marks a significant turnaround for the cryptocurrency, which had been trading lower since October last year when it was hit by a major flash crash that liquidated $19 billion in the market.

In a social media post, Markus shared a screenshot showing various assets, including Bitcoin (BTC), Ethereum, Solana, and Dogecoin itself, all trading higher. He also posed two questions: 'is crypto back?' and 'is the 2026 nightmare over?'