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Dogecoin is the cryptocurrency with the most followers after Bitcoin, with 4.5 million followers

The number of followers of Dogecoin’s official Twitter account has now surpassed three million users. After Bitcoin, it is the cryptocurrency with the most followers, with 4.5 million followers. Following closely behind is Shiba Inu, dubbed the Dogecoin killer, with 2.7 million followers.

Dogecoin is the most talked-about crypto on social media after Bitcoin

The Dogecoin Twitter account has grown by 681% in followers in just one year. Furthermore, the popular meme coin also had a similar win on Reddit. Dogecoin has 2.3 million registered users on the platform.

Tesla brand. As we look back to 2021, the most talked-about cryptocurrency on Reddit in 2021 is DOGE. Also, it shouldn’t be overlooked that Dogecoin is going through price spikes driven by Elon Musk, starting in 2021, especially since it’s been reported that Tesla is accepting DOGE as payment for some branded items. As a result of these rallies, Dogecoin surpassed one million followers in April 2021.

However, it was not all commissions in 2021. Dogecoin’s impressive growth stalled after the meme coin price started dropping in early May. Even so, the most popular meme coin has worked outperforming the vast majority of other cryptocurrencies in 2021. Although Dogecoin is far from its peak of 79.80% at the time of this writing, things are picking up. The coin meme remains the 11th largest cryptocurrency by market capitalization despite the price drop.

Billy Markus, the co-founder of Dogecoin, using the nickname Shibetoshi Nakamoto on Twitter, has also surpassed one million Twitter followers. Markus is currently one of the most followed crypto founders.

Australian programmer Jackson Palmer, who co-created the coin meme with Markus, has a more modest 41,600 followers. At this point, Palmer and Markus’ divergent approaches to the crypto market are remarkable. While Markus has interacted with Elon Musk, Palmer is harshly critical of the crypto industry.

In a viral tweet in July, Jackson Palmer described the crypto industry as a “powerful conglomerate” run by the wealthy.

SHIB attracted investors in October. It is thought that SHIB’s rise could be due to Elon Musk sharing a photo of his Shiba Inu dog. This led to rumors that Elon Musk will now leave Dogecoin and a new meme token.

The fact that SHIB received support from Musk while it was on the rise and DOGE did not receive love at the same time, has led the community of the most popular meme coin to think that DOGE is no longer what it used to be. However, this seems to be changing.

Since October 27, Shiba Inu entered a downtrend and dropped in the market. SHIB, ranked 9th on October 27th, ranks 15th today. On the other hand, DOGE ranks as the 11th largest cryptocurrency by market capitalization today. The growing popularity of social media is believed to support future upside potential.

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