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Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars
Tweet volume for the shiba inu-themed cryptocurrency surpassed previous records for bitcoin, according to TheTIE.
Twitter mentions of the dogecoin cryptocurrency rocketed to record levels after prices hit all-time highs Thursday.
STORY CONTINUES BELOW
- According to digital asset data firm TheTIE, the massive volume of mentions over 24-hour period marked the altcoin out as the most tweeted cryptocurrency of all time.
- Dogecoin surpassed previous tweet records for bitcoin set on Jan. 2, 2021, and Dec. 22, 2017, the firm said.
- The shiba inu-themed coin has been experiencing a flurry of trading activity, possibly due to attention from members of Reddit trading groups including WallStreetBets and SatoshiStreetBets.
- The price of DOGE rose to a new record of $0.078 Thursday, according to CoinGecko, before falling back to $0.037 at press time. Price are still up 197% over the last 24 hours.
See also: DOGE’s Gone Wild! Meme Coin Soars After Adult Star Says She’s a HODLer
Sebastian Sinclair
Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.
