$1.2 Trillion Dogecoin Giveaway? Co-Founder Puts Forward Bold Idea

Dogecoin cofounder floats $1.2 trillion DOGE plan, but there is an interesting catch.

Tomiwabold Olajide · 12 Sep 2026 · 4 min read

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$1.2 Trillion Dogecoin Giveaway? Co-Founder Puts Forward Bold Idea

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Tomiwabold Olajide

Sat, 12/09/2026 – 11:10

Dogecoin cofounder floats $1.2 trillion DOGE plan, but there is an interesting catch.

$1.2 Trillion Dogecoin Giveaway? Co-Founder Puts Forward Bold Idea

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Dogecoin cofounder Billy Markus, who goes by Shibetoshi Nakamoto on X, has reacted to the proposal of a $5,000 stimulus check for every adult in the U.S., floating the idea of a $1.2 trillion Dogecoin buy instead.

Economists believe a one-time direct payment of $5,000 would do little to ease affordability pressures and could raise consumer prices further in the months ahead.

instead the government should buy 1.2 trillion dollars of dogecoin and give some to every american 🤣 https://t.co/JkcrCMsQbI

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— Shibetoshi Nakamoto (@BillyM2k) September 12, 2026

In August, consumers’ short-term outlook slipped further into negative territory, according to a Conference Board report. The University of Michigan’s latest consumer survey also showed that sentiment worsened due to concerns that inflation would remain high.

$1.2 trillion DOGE giveaway?

Markus is known for his characteristic humor, and his recent comment about a $1.2 trillion Dogecoin giveaway might be taken lightly.

Ranking as the 11th largest cryptocurrency by market cap, Dogecoin is currently worth $13.24 billion. The coin has a current total supply of 155.88 billion DOGE (worth over $13.09 billion), with all these coins in circulation, so a $1.2 trillion DOGE buy might not be feasible, as it exceeds its total supply value.