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Home Crypto News Market In February 2021, Dogecoin Surpassed Bitcoin In Popularity On Twitter

In February 2021, Dogecoin Surpassed Bitcoin In Popularity On Twitter

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In February, 2021, Dogecoin turned out to be the most talked cryptocurrency on Twitter, bypassing Bitcoin and Ethereum, according to data from the ICO Analytics.

According to ICO Analytics, the Dogecoin accounted for 10.4% of mentions related to digital assets. The share of Bitcoin was 10.1%, Ethereum 8.9%.


“It was inevitable in February,” wrote the ICO Analytics team.

 

This popularity was mostly because of Elon Musk tweets.

In February, Musk continued to speak out about Dogecoin on Twitter, after a series of tweets, the Dogecoin price rose by almost 50%.

Later, the businessman said that he had bought some doge coins for his youngest son. Then he turned to large Dogecoin holders with a proposal to sell part of their assets in order to reduce centralization.

There were rumors that SEC will begin investigation on Elon Musk tweets and pumping Dogecoin but there was no official confirmation.

In March, Musk announced his intention to build a new city in Texas, which will become the base for flights to Mars and beyond, and users again asked him about Dogecoin.

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Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Ammara authored more than 1,000 stories for TheCryptoBasic, CryptoComes and other fintech media outlets. She is particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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