According to Business Insider, Dogecoin co-founder Jackson Palmer posted on social media platform Twitter, calling billionaire Elon Musk a “self-absorbed person.” This post was deleted after just one minute but was screenshot and widely circulated on social networks.
Furthermore, the Dogecoin founder expressed his frustration when billionaire Elon Musk appeared on SNL, causing a significant drop in the value of this cryptocurrency.
These statements have shocked the cryptocurrency community, as Jackson Palmer, who rarely appears in public, mostly stays out of the spotlight in his role as a product expert. He co-founded Dogecoin in 2013 alongside Billy Markus but has stated that he has not participated in the development of this cryptocurrency for many years.
Palmer’s move comes after the Tesla founder announced he would stop accepting Bitcoin payments due to environmental concerns. Following Elon Musk’s announcement, Bitcoin’s price dropped by up to 15%, while Dogecoin also experienced significant fluctuations.