- Dogecoin creator Billy Markus, known as Shibetoshi Nakamoto, reacted to Bitcoin’s surge past $125,000 with a viral meme capturing the emotional toll of crypto’s wild bull runs.
- While Bitcoin sets new records, Dogecoin continues to lag, down 3% on the day, highlighting the growing divide between BTC and major altcoins.
Dogecoin cofounder Billy Markus, known online as Shibetoshi Nakamoto, has once again captured the crypto world’s attention, this time not with a market prediction or a deep-dive thread, but with a meme.
As Bitcoin surged past the $125,000 mark, Markus found a humorous yet painfully relatable way to describe the emotional chaos that often comes with market euphoria.
Instead of celebrating with price charts or technical jargon, Markus posted a meme on X showing a half-collapsed building being held up by flimsy wooden supports. The crumbling structure was labeled “My mental health,” while the makeshift supports bore the words “Bitcoin doing well.”
https://t.co/8tcHpvZGyN pic.twitter.com/0A7g965vGY
— Shibetoshi Nakamoto (@BillyM2k) October 6, 2025
The post quickly went viral across the crypto community, striking a chord with thousands of traders who know all too well the emotional rollercoaster of a Bitcoin bull run. The image perfectly encapsulates the strange mix of excitement and anxiety that often accompanies big market moves, when profits rise, but so does the pressure.
A Meme That Speaks for the Market
Bitcoin’s relentless climb has sparked renewed enthusiasm across the industry, with fresh discussions about six-figure targets, ETF inflows, and institutional adoption. Yet Markus’ meme offers a reminder that behind the charts and bullish tweets, many investors are simply holding on for dear life.
Markus’ humor has long been a cornerstone of his online persona, reflecting Dogecoin’s origins as a lighthearted joke that turned into a multi-billion-dollar crypto movement. But this time, his meme also underscores a more serious divide in the market: while Bitcoin continues to set new records, most altcoins, including Dogecoin itself, are lagging behind.
Dogecoin Stuck in the Shadows
At the time of writing, Dogecoin is trading at $0.2583, down nearly 3% over the last 24 hours. Against Bitcoin, the meme coin is worth just 0.00000209 BTC, marking a 2% decline. Despite Bitcoin’s historic run, altcoins like DOGE remain stuck in narrow trading ranges.

Charts for both DOGE/USD and DOGE/BTC reveal persistent volatility but little upward momentum, a frustrating scenario for those hoping to see the meme coin ride the wave.
This contrast between Bitcoin’s strength and Dogecoin’s stagnation has become a recurring theme during recent market cycles. As Bitcoin dominance grows, liquidity often shifts away from smaller tokens, leaving altcoins to play catch-up once the hype cools.
Humor as a Coping Mechanism
In a way, Markus’ viral post says more about the current market mood than any technical analysis could. It’s a wink to every crypto trader who has watched their portfolio soar — and crash, while trying to keep their sanity intact.
Whether Bitcoin pushes toward $130,000 or stalls in the coming weeks, one thing’s certain: in the ever-chaotic world of crypto, Billy Markus’ memes remain a source of much-needed comic relief.
The post Dogecoin Creator Billy Markus Reacts to Bitcoin’s Bull Run With Viral Meme appeared first on ETHNews.
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