DOGE surpassed BTC in the U.S Google search volume after a tweetstorm initiated by Snoop Dogg and Elon Musk over the past few days. The interest in DOGE is growing ever since Tesla’s CEO endorsed it and tweeted about it and Gene Simmons joined aboard so let’s take a closer look at today’s Dogecoin news.
The past few weeks were quite interesting as the meme coin saw more retail interest than BTC in the US that was propelled by a series of events like Elon Musk tweeting about it and the Wall Street and Gamestop craze. Dogecoin is now the 12th biggest cryptocurrency in the world by means of a total market cap of $8.2 billion of a total market cap which surpassed the likes of USDC, Uniswap, and Aave.
With that being said, it’s worth noting that the cryptocurrency is more popular than Bitcoin in terms of US Searches on Google as it topped the ones for Bitcoin. This is a 12-month chart for interest over time in the US and the first major part came from Tesla’s CEO who tweeted about DOGE almost every day for the past few weeks. Musk has about 46 million followers on Twitter and he even pinned a tweet poll about the “future currency of earth:
The future currency of Earth
— Elon Musk (@elonmusk) February 6, 2021
DOGE surpassed BTC in terms of Google searches thanks to other celebrities as well. The last one to tweet about it was Snoop Dogg who published the following post:
— Snoop Dogg (@SnoopDogg) February 6, 2021
Memes are spreading with the speed of light on the internet which are propelling the overall interest in cryptocurrency. Over the past week alone, DOGE increased by 110% and in the past two weeks, the cryptocurrency recorded gains of 600%. This is after it retraced from its all-time high reached on January 29th. The price increased by more than 1000% in less than 24 hours after mentions from people that were affiliated with the Wall Street Bets group.
As reported earlier, Apart from being the richest person in the world, Elon Musk is a visionary and known for his compelling and comical social media posts especially on Twitter. He was quite active with the crypto-related tweets lately and the most recent one was again for Dogecoin which increased the price of the asset by 80%.
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