Billy Markus, one of the creators of the beloved meme-driven cryptocurrency Dogecoin alongside Jackson Palmer in 2013, has made his mark in the crypto community with his witty humor and love for memes. While Jackson Palmer has retreated from the limelight, Markus, affectionately known as an influencer within the community, remains active on Twitter/X, sharing his thoughts and jests with his followers.

Famed for his penchant for memes, sarcasm, and irony, Markus recently took to Twitter/X under the pseudonym "Shibetoshi Nakamoto" to humorously comment on the impending Bitcoin halving event. In a jesting manner, Markus pondered whether the halving would mean "the price will get cut in half," eliciting responses from within the community.

His lighthearted tweet sparked a conversation, with the official Kraken exchange account chiming in to clarify that a halving does not directly halve the price of Bitcoin. However, Markus, in his characteristic style, responded with a tongue-in-cheek "what if it does, though," reflecting the underlying concerns among cryptocurrency holders who fear a significant downturn in Bitcoin's price post-halving.

Bitcoin maximalist Samson Mow, the CEO of Jan3 company, also weighed in on these apprehensions in a recent tweet, urging the community to relish the current value of Bitcoin while it lasts. While refraining from making explicit price predictions, Mow's previous tweets have hinted at Bitcoin's potential to reach $1 million, accompanied by references to "Omega candles" and the mantra "we are still early."

As the eagerly awaited Bitcoin halving draws near, anticipation mounts within the community regarding the potential impact on Bitcoin's price trajectory. Scheduled to reduce block rewards by half for miners, the upcoming halving will see each new block yield 3.125 BTC instead of the previous 6.25 BTC.

Halvings serve as pivotal events to maintain Bitcoin's deflationary nature, curbing the influx of new supply into the market. Influencers like Samson Mow have emphasized the significance of the impending halving, citing its potential to trigger a supply shock in the Bitcoin ecosystem, while the proliferation of spot BTC ETFs contributes to the emergence of a demand shock.