Dogecoin Jumps 4% on March 13 – X Post Sparks Buzz Across the Community!

Jakarta, Pintu News – A surge in Bitcoin (BTC) accumulation by corporations, led by Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has fueled optimism about its growing adoption in certain circles.

However, not everyone shares the enthusiasm. Concerns have emerged, particularly over Saylor’s aggressive Bitcoin acquisitions and the strategies behind them.

One of the skeptics is Jason Calacanis, host of the All In Podcast. He recently claimed that Saylor’s actions are laying the groundwork for the creation of a “better Bitcoin.”

His statement quickly drew a humorous reaction from the Dogecoin team, adding to the ongoing debate. Thus, how will DOGE price react today?

Dogecoin price rises 4.58% in 24 hours

On March 13, 2025, Dogecoin (DOGE) saw a 4.58% surge in the past 24 hours, trading at $0.1709 (approximately IDR 2,811). The meme coin hit a daily high of IDR 2,853 and a low of IDR 2,635, reflecting increased market activity.

At the time of writing, Dogecoin’s market cap stands at around $25.32 billion, with trading volume dropping 16% to $1.59 billion within 24 hours.

Read also: As Pepe Coin Skyrockets, These 3 Crypto Are Now on Every Trader’s Radar!

Dogecoin Responds to “Better Bitcoin” Statement

In a post on X on Tuesday, March 11, responding to Michael Saylor’s speech at the Blockchain Policy Institute calling Bitcoin a “superpower”, Jason Calacanis criticized the Chairman of Strategy’s approach to evangelism and Bitcoin accumulation techniques.

According to Calacanis, Saylor’s strategy is detrimental to the Bitcoin ecosystem and image.

“There’s too much centralization, too much hyperbole, and too much conflict. He’s actually creating the perfect opportunity for someone to launch a ‘better Bitcoin.’ I don’t know what it will look like, but he has set the stage perfectly,” he added.

Calacanis’ statement immediately sparked a variety of reactions from the crypto community, although not all of them were confrontational.

One notable response came from the Dogecoin community, which implied that a “better Bitcoin” already exists – DOGE.

In response to Calacanis’ post, the official Dogecoin account on X shared a Willy Wonka GIF with a sarcastic caption: “Really?”.

Read also: DOGE Analysis: Dogecoin Sellers Dominate the Market, DOGE Price Struggles to Break $0.20

This sentiment arises because Dogecoin is actually a fork of the Bitcoin code with some minor tweaks, especially in tokenomics, that make it more practical for payments. However, on the other hand, DOGE remains more retail market-driven than Bitcoin.

Even so, the concept of a “better Bitcoin” is not new. This idea has been the reason behind the birth of many altcoins since the beginning of the crypto industry.

However, until now, nothing has managed to replace Bitcoin’s appeal as a digital asset with guaranteed scarcity.

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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 have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto Basic. Dogecoin Reacts as All In Podcast Host Argues for “Better Bitcoin” Accessed on March 12, 2025