KEY POINTS

  • Dogecoin was created by Palmer and Markus
  • Both are no longer connected to the crypto asset
  • DOGE was trading down 4.52% at $0.06605 Monday morning

Dogecoin, the crypto asset that was created as a joke, is now one of the most popular altcoins in the cryptocurrency space, thanks to its creators Billy Markus and Jackson Palmer. But it looks like there is bad blood between the two after Markus was seen blocking Palmer on Twitter.

The cryptocurrency industry is full of exciting surprises as aside from the price fluctuations, new utilities and use cases, it also has a dash of drama from time to time. The latest is about Markus' action on the micro-blogging site Twitter.

Palmer, one of the founders of Dogecoin and the host of the podcast "Griftonomics," shared a screenshot Sunday showing that his co-founder has blocked him on Twitter and captioned it "lol." The tweet earned a lot of response, with some people claiming to have experienced the same after they commented on Markus' tweets.

Dogecoin Cryptocurrency Medallion
Dogecoin Creative Commons/Forextime.com/flickr.com

Several others also shared screenshots showing they were blocked by Markus. Unfortunately, aside from the "lol" caption, Palmer did not offer any explanation for why he was blocked.

Markus, who goes by the Twitter handle Shibetoshi Nakamoto, is friendly with Elon Musk, whom Palmer had slammed several times online and called a "grifter." The Tesla CEO also praised Markus last June and told him, "You're humble, bro," adding, "Billy's sense of humor & irreverence is a big part of why people love Dogecoin."

Musk's praise came on the heels of Palmer's interview with the Australian website Crickey where he alleged that the DOGE Father "didn't understand coding," and was "really good at pretending he knows." In response, Musk called Palmer a "tool" and described his code as "a lame snippet of Python," noting that his "kids wrote better code when they were 12 than the nonsense script Jackson sent."

Both Markus and Palmer are no longer connected to Dogecoin. Palmer left the crypto industry in 2015 and said he has no plans of returning. Markus sold all his DOGE the same year.

As of 5.00 a.m. ET Monday, DOGE was trading down 4.52% at $0.06605 with a 24-hour volume of $443,526,221, according to data from CoinMarketCap.

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