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Dogecoin Group Conflicts With Saylor, Calls Bitcoin 'Hungry Hippo'
The Dogecoin team recently responded to a post by Michael Saylor of MicroStrategy, opposing his comparison of Bitcoin to chess. In the post on X, formerly known as Twitter, Saylor described Bitcoin as a strategic asset, symbolized by an AI-generated image of himself on a chessboard. The official Dogecoin account replied with a contrasting metaphor, saying, "Bitcoin is those hungry hippos." DOGE Claims That Market Chaos Is a Strategy The comparison of the Dogecoin group highlights an alternative interpretation of Bitcoin's behavior. Instead of linking it to chess, a carefully planned game, they argue that Bitcoin resembles a chaotic and reactive market, similar to children's games, where players compete to collect marbles. This comment appears at a time when Bitcoin is experiencing significant price volatility due to sudden market fluctuations, including a decrease of 3.23 percent followed by an increase of 2.34 percent before continuing to decline. BTC Volatility Reflects Market Sentiment This currency has stabilized its position at over 83,170 dollars before returning to a slightly higher level. As of the time of writing, Bitcoin has a market value of 83,486 dollars. Powell's statements with the Federal Reserve have caused market reactions, highlighting Dogecoin's argument regarding Bitcoin's unstable trading behavior. Meanwhile, this April marks two years since Dogecoin was symbolically linked to Twitter after Elon Musk temporarily changed the platform's logo. In April 2023, the Dogecoin image temporarily replaced Twitter's iconic bluebird logo. This has sparked speculation about integrating DOGE into Twitter's ecosystem, especially for payment and tipping features. The price of DOGE has increased by 30 percent during that time The Dogecoin-themed rebranding only lasted a week before the blue bird returned. However, with Twitter's final rebranding to X, the platform has permanently removed the original bird logo. Despite the initial price spike and community excitement, no official DOGE integration has emerged from this change.