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Dogecoin Creator Breaks Silence on Bitcoin Price With Viral Meme

1 min read

Billy Markus, the programmer who cofounded Dogecoin and now goes by Shibetoshi Nakamoto on X, found his own way to react to Bitcoin smashing through the $125,000 line. He did not go into any technical details or talk about macro policy. Instead, he dropped a meme — a half-collapsed building awkwardly supported by wooden beams, with the words "My mental health" on the building and "Bitcoin doing well" on the supports.

The joke really hit a nerve for anyone who has been through this market. Bitcoin may be hitting record highs, and there are loads of talk about six-figure rallies and ETF flows, but when it comes to the emotional side of things, the story is different. 

Shibetoshi Nakamoto
@BillyM2k

https://t.co/8tcHpvZGyN pic.twitter.com/0A7g965vGY

Oct 06, 2025

Markus nailed it in one frame: the precarious balance between celebrating price charts and just getting by under pressure.

How's Dogecoin doing?

Not well. The coin is trading at $0.2583 against the dollar, down almost 3% in the last 24 hours. When compared to Bitcoin, it is worth 0.00000209 BTC, down almost 2%, showing how altcoins can lag even when the flagship asset is setting new all-time highs.

The charts for both DOGEUSD and DOGEBTC show a pattern of volatility that has kept the token in a tight band since early summer, with no breakout in sight for now.BINANCE:DOGEBTC by TradingView">

Markus's meme, paired with Dogecoin's underperformance, highlights the market's divide. While Bitcoin continues to break records and traders share price targets, the reality for many altcoins is more muted, but a single meme from the Dogecoin creator sums it all up best.