Twitter mentions of the cryptocurrency Dogecoin soared to record highs after the meme coin entered the top 10 for the first time since 2015.
According At digital asset data company TheTIE, the sheer volume of mentions over a 24-hour period has marked altcoin as the most tweeted cryptocurrency of all time.
Dogecoin broke tweet records for bitcoin on January 2, 2021 and December 22, 2017, the company said.
The coin has seen a frenzy of trading activity, possibly due to the attention of members of Reddit trading groups such as WallStreetBets and SatoshiStreetBets. Also, a tweet from Elon musk helped fuel the crypto movement.
– Elon Musk (@elonmusk) January 28, 2021
DOGE's price rose to a new high of $ 0.078 on Thursday, according to data from Coingolive, before falling to $ 0.057 so far. Prices are still up 24% in the last 24 hours.