Dogecoin hit 3 million followers on Twitter

The Dogecoin Twitter account now has more than 3 million followers.


On the social media platform, DOGE is the second-largest cryptocurrency behind only Bitcoin.
Dogecoin | Image: Optimisus

On the social media platform, DOGE is the second-largest cryptocurrency behind only Bitcoin.


Breaking into the mainstream Over the last year, the Dogecoin account has seen incredible growth, with a 681 percent rise in followers.


The Reddit community for the memecoin has 2.3 million members. In 2021, it was the most popular crypto-related subreddit.



Because of an Elon Musk-driven price rise in the fourth quarter of 2021, Dogecoin's popularity skyrocketed. In April, the Twitter account had surpassed 1 million followers, owing to an unparalleled retail frenzy.


However, as the price of the digital asset began to plummet in early May, this rapid expansion came to a halt.


Even yet, in 2021, the original meme coin, which was inspired by the Doge meme, was up about 5,000%, easily beating the vast majority of other leading cryptocurrencies.


The memecoin is actually down 79.80% from its all-time high. Despite the price drop, Dogecoin is still the 11th most valuable virtual asset by market capitalization.


The two co-founders of Dogecoin


Billy Markus, a co-founder of Dogecoin who tweets under the moniker Shibetoshi Nakamoto, has achieved a million Twitter followers, making him one of the most prominent cryptocurrency innovators.


His account has profited from frequent conversations with Musk, who has 72.8 million followers on Twitter.


Jackson Palmer, an Australian programmer who teamed up with Markus to create DOGE, has a modest 41,600 followers on Twitter. In a viral tweet on July 2021, he slammed the crypto industry, calling it "a powerful cartel" run by wealthy individuals.