Dogecoin

Billy

United

Dark

<ul>
 <li><strong>Study links crypto holders to dark personality traits; Markus disagrees.</strong></li>
 <li><strong>DOGE price shows mixed performance; potential for future gains.</strong></li>
</ul>
<p>In a recent <a href="https://x.com/BillyM2k/status/1809295362202423710" rel="noopener noreferrer nofollow">tweet</a>, Billy Markus, co-founder of Dogecoin (<a href="https://www.crypto-news-flash.com/dogecoin-liquidations-surge-as-doge-hits-0-10-should-you-buy-the-dip/" rel="noopener noreferrer nofollow">DOGE</a>), criticized a study that claims cryptocurrency investors have certain “dark traits” of personality, notably the “dark tetrad.” The cryptocurrency community has been very divided over this study, which the Independent <a href="https://www.independent.co.uk/tech/crypto-cryptocurrency-bitcoin-personality-traits-b2573728.html" rel="noopener noreferrer nofollow">reported</a> on.</p>
<h2 id="strong-the-study-s-controversial-claims-strong"><strong>The Study’s Controversial Claims</strong></h2>
<p>The study polled 2,001 people in the United States and asked if they held any cryptocurrencies. About 30% of respondents admitted to possessing cryptocurrency assets.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">i disagree and let me lengthily argue why i am right <a href="https://t.co/9kHGLZQqf4" rel="noopener noreferrer nofollow">pic.twitter.com/9kHGLZQqf4</a></p>
 <p>— Shibetoshi Nakamoto (@BillyM2k) <a href="https://twitter.com/BillyM2k/status/1809295362202423710?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The researchers also gathered information on psychological, political, and other personality characteristics. They sought to uncover features that could best indicate if someone had purchased cryptocurrency.</p>
<p>The findings revealed that cryptocurrency owners are more likely to exhibit “dark tetrad” qualities such as narcissism, Machiavellianism, psychopathy, and sadism. Furthermore, the survey found that cryptocurrency users frequently use “fringe social media sources,” believe in conspiracy theories, and feel persecuted.</p>
<p>Despite these claims, the most powerful predictor of cryptocurrency ownership was discovered to be a dependence on fringe <a href="https://www.crypto-news-flash.com/bitcoin-etf-on-social-media-facebook-and-instagram-prepare-to-change-advertising-policies/" target="_blank" rel="noopener noreferrer nofollow">social media</a> for the most recent information.</p>
<p>Markus disagreed with the study’s conclusions, adding, “I disagree and let me lengthily argue why I am right.” His criticism shows the persistent conflict between the perceptions of bitcoin fans and standard psychological assessments.</p>
<p>Meanwhile, Billy Markus used a sad emoji in another tweet to reflect his sadness over the current dip in the crypto market. This reply represents the overall sentiment of the cryptocurrency community in the first week of July.</p>
<h3 id="strong-current-doge-market-data-strong"><strong>Current DOGE Market Data</strong></h3>
<p>On the other hand, according to CoinMarketCap, the price of Dogecoin (<a href="https://www.crypto-news-flash.com/dogecoin-faces-crucial-test-at-0-1184-support-amid-profit-taking-pressure/" rel="noopener noreferrer nofollow">DOGE</a>) is currently around <strong>$0.1101</strong>, representing a <span style="color: #339966;"><strong>3.88%</strong></span> increase over the last 24 hours. However, the price has remained bearish during the last seven days, falling<strong><span style="color: #ff0000;"> 8.73%</span></strong>.</p>
<p>Previously, CNF reported an analysis by a notable analyst, <a href="https://www.crypto-news-flash.com/dogecoin-eyes-2-as-memecoin-supercycle-gains-momentum-analysts-say/" rel="noopener noreferrer nofollow">Kaleo</a>, who anticipated that DOGE’s price may reach $2. This upbeat forecast gives DOGE investors some hope amidst the present market turbulence.</p>
<div class="cryptoboxes" id="mcw-630826" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="dogecoin" data-symbol="DOGE" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

Dogecoin Co-Founder Disputes Dark Traits Study on Crypto Holders

Table of Contents

Crypto News Flash

Other articles published on Jul 7, 2024

Tron (TRX) Founder Justin Sun Announces His Revolutionary New Project!

SingularityNET and Wrapped ETH Fail to Catch Up to MoonBag Crypto, Offering 10% Cashback on Refer...

Solana ETF Success Hinges on November Election: Will It Be A Boon For Galaxy Fox?

Bitcoin Spot ETFs Witness Month-High Inflow Following Latest Market Downturn

Bitcoin’s Bearish Outlook Could be Bullish After All, $100,000 on the Horizon?

Arbitrum (ARB) and Fantom (FTM) Could Be Good Bets For The Crypto Bull Market But Investors Are B...

Join our free newsletter for daily crypto updates!