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šŸš€ Crypto Dogecoin Creator Reveals His Top 5 Crypto Picks and Thereā€™s No Room For Rippleā€™s XRP

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Dogecoin Spikes 78% This Week, Flips Rippleā€™s XRP, USDC To Become Top-6 Crypto Amid Elon Musk Hype



Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.

His picksā€”Dogecoin (DOGE), Bitcoin (BTC), Avalanche (AVAX), Ethereum (ETH), and Solana (SOL)ā€”highlight his unique perspective on innovation and personal connection in the crypto world.

DOGE: A Sentimental Favorite


Markus placed Dogecoin at the top of his list, unsurprisingly. DOGE is close to him since he is the creator of the coin or one of the creators.

Dogecoin was created in 2013 as the fun virtual currency from the famous doge Internet meme mimicking Bitcoin. It has grown popular among crypto enthusiasts.

It has a community-fundamental model, a market capitalization of $60.3 billion, and backing from celebrities such as Elon Musk.

Markusā€™ attachment to DOGE goes beyond its numbersā€”itā€™s a project rooted in fun and inclusivity.

BTC: The Original and Still Dominant


Next, Markus honored Bitcoin, the first cryptocurrency. He shared his respect for BTCā€™s pivotal role in the industry.

Bitcoin still holds the largest crypto market share, at $1.2 trillion. The daily trading volume for this digital currency is more than $81 billion.

Prosecutor Markus is not a maximalist to BTC but respects its legacy as the first cryptocurrency and its impact on the entire market.

AVAX: Speed Meets Functionality


Avalanche (AVAX) made the list for its cutting-edge speed and scalability. Markus tweeted his appreciation for AVAXā€™s efficient transactions and rising popularity among dApp developers.

With a $20 billion market cap and growing adoption in DeFi, Avalanche has positioned itself as an Ethereum competitor. Its focus on speed and lower costs sets it apart, which Markus highlighted as key reasons for his choice.

ETH: The Smart Contract Pioneer


Ethereum earned its spot for its contributions to smart contracts and decentralized apps. Markus noted that heā€™s personally benefited from Ethereumā€™s ecosystem, particularly through NFTs.

Despite high gas fees, Ethereumā€™s versatility keeps it relevant, with a market cap of over $500 billion and a trading volume of $15 billion daily.

SOL: Rapid Growth and Efficiency


Markus wrapped up his list with Solana (SOL), praised for its speed and energy efficiency. Solanaā€™s ecosystem has grown rapidly, and it is supported by a $50 billion market cap and increasing developer interest.

Markus also engaged with the Solana community through a meme coin challenge earlier this year. He called Solanaā€™s recent successes impressive, tweeting about the blockchainā€™s rising impact.

No Room for XRP!


When asked about XRPā€™s absence, Markus offered a candid response. He admitted he doesnā€™t own any XRP but joked that his opinion could change if someone gifted him some.

Markusā€™ top picks showcase a mix of sentiment, innovation, and practicality. His insights shared directly with the crypto community on X, offer a glimpse into how one of Dogecoinā€™s key figures evaluates the evolving crypto landscape.
 

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