7 Facts about Dogecoin (DOGE) Founder’s Statement on Bitcoin & Gold Sentiment

Jakarta, Pintu News – Dogecoin founder Billy Markus-also known as Shibetoshi Nakamoto on the X platform-has given a satirical reaction to the crypto market facing major pressure in early 2026. In his tweet, Markus commented on how market sentiment appears to be shifting away from crypto assets, including Bitcoin, towards traditional precious metals like gold. This commentary posture gives an idea of market participants’ perception of a safe haven asset rally amidst strong volatility.

1. Satirical Feedback from Dogecoin Founder

Billy Markus responded to the state of the crypto market with humor through a post on X, suggesting a shift in investor interest. The comment is more satirical than analytical, but reflects frustration or confusion with current market dynamics.
While coming from the founder of meme coin, this observation illustrates a broad sentiment within the crypto community.

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2. Focus on the Shift from Bitcoin to Gold

Markus noted that market momentum seems to be shifting from Bitcoin as ‘digital gold’ to traditional physical gold. This capital movement is driven by volatility in the crypto market which has led many investors to seek safe assets. This situation illustrates the shift in asset preferences amid macroeconomic uncertainty.

3. Risk Sentiment Affecting the Crypto Market

The crypto market experienced significant pressure at the start of the year, including price declines in Bitcoin and a number of major altcoins. Selling pressure and liquidations activity in the derivatives market also weakened risk sentiment. This prompted investors to consider non-crypto assets for hedging, such as gold.

4. Gold as a Safe Haven Asset

The rally in gold prices in early 2026 was quite strong, with the precious metal registering extremely high price levels. Global investors often move capital into gold when risk markets increase or macro uncertainty worsens. This safe haven sentiment plays a role in temporarily pulling capital out of the crypto market.

5. Contesting the Narrative of Bitcoin as ‘Digital Gold’

While Bitcoin is often called ‘digital gold’ for its role as a safe alternative asset, Mark’s statement shows skepticism towards the narrative. A change in narrative could mean the market reassessing BTC’s role in portfolios as a hedge against risk. This is a reflection of changing market dynamics, not an absolute rejection of Bitcoin as an asset.

6. Psychological Impact on Market Participants

Satirical comments by influential figures such as the founder of DOGE can influence the perception of a small community, especially retail investors. While not fundamentally changing market conditions, such remarks reflect the mood of investors more broadly.
Retail sentiment often moves quickly with social media narratives and public figures in the crypto ecosystem.

7. Broader Context in the Crypto Market

The shift in focus from Bitcoin to gold comes amid a volatile crypto market that is experiencing a sharp price correction. The price declines of major cryptos like BTC and other altcoins reinforced the preference for more stable, traditional assets. Market analysts typically see this kind of shift as a short-term risk phase, rather than a long-term structural trend in digital asset adoption.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference
– U.Today News. Bitcoin for Gold: Dogecoin Creator Unveils Latest Market Shift. Accessed January 30, 2026.