As cryptos implode, Dogecoin Co-Founder Billy Markus claims that crypto crashes occur ’a lot.’

<p>The whole cryptocurrency market is still in the red on Sunday, with the world's largest cryptocurrency Bitcoin (BTC) selling at $35,715.09, down 17.15 percent in the last seven days.</p> <p>BTC fell below the critical psychological milestone of $40,000 on Friday. The bloodbath continued on Saturday, with the top cryptocurrency dropping to a low of $34,349.25 before ending just over the $35,000 mark.</p> <p>Meanwhile, Ethereum (ETH) is trading at $2,493.99, down 25.02 percent in the last seven days. On Friday, the second-largest cryptocurrency slipped below the crucial $3,000 mark.</p> <p>Almost all of the world's top 100 tokens are currently trading in the red, with the overall cryptocurrency market valuation standing at $1.6 trillion.</p> <p>Binance Coin (BNB) has dropped more than 23% in the last seven days, while Cardano has dropped more than 20%.</p> <p>On Sunday, Dogecoin (DOGE) was trading at $0.1386, down more than 22% from the previous day, while Solana (SOL) and Polkadot (DOT) were down more than 30%.</p> <p>In the midst of the crypto market's turbulence, Dogecoin co-creator Billy Markus reminds his Twitter followers that "crashes happen in Crypto."</p> <p>When the last bubble broke, Ethereum fell 90 percent from its peak.</p> <p>It took three years to recover in total.</p> <p>I'm not claiming either will happen, but it's worth considering. Crashing happens in the crypto world. a lot.</p> <p>Markus went on to say that present market conditions merely reflect the underlying sentiment of individuals active in cryptocurrency, expressing his disgust with the community.</p> <p>Remember that the purchase and selling of cryptocurrencies collectively determines the trade value of crypto.</p> <p>People have collectively determined that it is less than what they thought last year.</p> <p>Regardless, I despise people.</p> <p>In response to his tweet, one follower responded, "The difference is now." It won't take three years to recover; given today's exposure, it could happen in three months. Even 3