On Thursday, January 28th, Dogecoin’s tweet volume skyrocketed by 1800%. At the same time, Dogecoin’s price surged by over 420% in 24 hours, and by over 600% on weekly basis. With all of this happening, DOGE became the first altcoin in history whose Twitter activity surpassed that of Bitcoin.
DOGE becomes a new champion of crypto
Dogecoin (DOGE) is a rather curious digital currency, even by the standards of the extremely diverse crypto industry. Based on a meme from 2013, many assumed that DOGE would die out just as quickly as the meme. Especially after its creator decided to step away from the project before long, leaving it rudderless.
However, the coin quickly became rather popular in the crypto industry, and it somehow managed to remain among the 50 cryptos ever since, even though there are now thousands of coins that are approaching the crypto industry in a much more serious manner.
As mentioned, the coin saw a massive price surge yesterday, which was accompanied by just as massive Twitter activity. All of it seemingly took place thanks to the now-infamous Reddit group, r/wallstreetbets, which pumped the shares of GameStop (GME) in order to stand up to institutional investors.
DOGE price and tweet volume skyrocket to new ATHs
According to recent data, DOGE’s Twitter volume surged by 1,787% this Thursday, as reported by The TIE. There were around 89,991 tweets regarding the coin in 24 hours, which is the first time this has happened for any cryptocurrency, including BTC.
Dogecoin tweet volume has surpassed Bitcoin over the last 24 hours.
This is the first time we have on record that an altcoin has been tweeted about
