Dogecoin’s Twitter family has grown to three million users $DOGE
For comparison, rival meme coin Shiba Inu has 2.7 million Twitter followers.The Dogecoin account has witnessed astonishing growth over the past year, recording a 681% increase in followers.
The canine coin’s Reddit community also boasts 2.3 million subscribers. It was the most viewed cryptocurrency-related subreddit of 2021. Dogecoin’s popularity exploded in the fourth quarter of 2021 because of its Elon Musk-driven price rally. The Twitter account topped a million followers by the end of April amid an unprecedented retail-driven mania.
However, this impressive growth stalled after the price of the joke cryptocurrency started crashing in early May. Still, the original meme coin, which was inspired by the Doge meme, was still up almost 5,000% in 2021, easily outperforming the vast majority of other top cryptocurrencies. At press time, Dogecoin is down 79.80% from its peak. Despite the price rout, the meme coin remains the 11th biggest cryptocurrency by market cap.
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