Dogecoin‘s official Twitter account now has over three million followers and its the second largest crypto on social media platform behind only bitcoin
Congrats to DOGE!
Dogecoin‘s official Twitter account now has over three million followers.
Congrats to the @Dogecoin account for reaching 3 million followers!
The #Dogecoin family is growing every day! #DogeArmy
— 💸💸💸 (@itsALLrisky) February 6, 2022On the popular social media platform, it’s the second-largest cryptocurrency (behind only Bitcoin).
Shiba Inu, a competitor meme currency, has 2.7 million Twitter followers.
Making it in the Big Leagues
Over the last year, the DOGE account has seen incredible growth, with a 681 percent rise in followers.
The Reddit community for the canine coin has 2.3 million members. In the year 2021, it was the most popular cryptocurrency-related subreddit.
Because of an Elon Musk-driven price rally in the fourth quarter of 2021, Dogecoin’s popularity skyrocketed. By the end of April, the Twitter account had surpassed a million followers, owing to an unprecedented retail frenzy.
However, as the price of the joke cryptocurrency began to plummet in early May, this rapid expansion came to a halt.
Even so, in 2021, the original meme coin, which was inspired by the Doge meme, was up nearly 5,000 percent, easily outperforming the vast majority of other top cryptocurrencies.
DOGE is currently down 79.80% from its all-time high. Despite the price drop, the meme coin is still the 11th most valuable cryptocurrency by market capitalization.
The two co-founders of Dogecoin
Billy Markus, a co-founder of Dogecoin who tweets under the pseudonym Shibetoshi Nakamoto, has surpassed a million Twitter followers, making him one of the most popular cryptocurrency founders.
His account has benefited from frequent interactions with Musk, who has 72.8 million followers on Twitter.
Jackson Palmer, an Australian programmer who collaborated with Markus to build the meme token, has a modest 41,600 followers on Twitter.
In a viral tweet last July, he slammed the cryptocurrency industry, calling it “a powerful cartel” run by wealthy individuals.
