The curiosity in meme cryptocurrency Dogecoin (DOGE) is skyrocketing to new heights each hour.
In line with cryptocurrency market knowledge companies supplier The Tie, Dogecoin tweet quantity has surpassed that of Bitcoin (BTC) over the previous 24 hours.
Dogecoin tweet quantity has surpassed Bitcoin during the last 24 hours.
That is the primary time we now have on file that an altcoin has been tweeted about greater than Bitcoin over a 24 hour interval.
— The TIE (@TheTIEIO) January 28, 2021
In line with the TIE, there have been over 100,000 tweets about Dogecoin within the trailing 24 hours interval, to when it tweeted, from 50,000 distinctive non-bot accounts.
The transfer assumes significance as it’s the first time ever {that a} cryptocurrency has overtaken Bitcoin when it comes to the social media spark.
Bitcoin (BTC) has a 63.5% dominance of the cryptocurrency market when it comes to market capitalization at press time, with a valuation of $634.5 billion.
The second-largest cryptocurrency, Ethereum, has a market cap of $151.3 billion.
Dogecoin is getting a boost from Reddit group SatoshiStreetBets, which is trying to emulate WallStreetBets success with GameStop Corp. (NYSE: GME), AMC Leisure Holdings Inc. (NYSE: AMC) and others.
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk too touted the joke cryptocurrency in a tweet late Thursday.
Dogecoin traded 809% increased at $0.699 at press time.
Learn Subsequent: As Elon Musk Touts Dogecoin Again, Here’s What You Should Know About The Cryptocurrency
Picture by Dogeloverforever on Wikimedia
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