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Dogecoin Pumps – Moon Next?

January 29, 2021 by Buzzle Staff

Dogecoin, the meme-based cryptocurrency that has no apparent utility outside being the central figure in a long-running and very popular meme, has been mentioned more on Twitter over the past 24 hours than any other cryptocurrency. But that’s not all – that volume of mentions was actually the most mentions for any cryptocurrency EVER on Twitter. That includes Bitcoin and Ether, the two largest crypto tokens by market capitalization.

A favorite of Elon Musk, who makes veiled references to Doge and other cryptocurrencies (he recently was likely responsible for a big run up in Bitcoin), remains on board, though what that actually means in terms of ownership of dogecoin is unclear.

🚀🚨😮 Dogecoin has set a new record for the most tweets on a cryptocurrency over a 24 hour period, besting the previous records set by Bitcoin on January 2nd 2021 and December 22nd 2017 pic.twitter.com/VIXiEY57ma

— The Tie (@TheTieIO) January 29, 2021

In all the excitement on social media, the token hasn’t faired too poorly in the price column, having increased dramatically to as much as $.078 per coin on Coinbase yesterday. 24 volume for the token was also through the roof, with only Bitcoin, Ether, and some stable coins outpacing it.

Filed Under: Alt Coins Tagged With: bitcoin, coinbase, crypto pump, dogecoin, elon musk, ether, to the moon, twitter

Further Insights

Coinbase Referral: How to Make Extra Money on Coinbase
March 31, 2021
Coinbase Status: Security and Account Information for New Investors
March 30, 2021
Coinbase Withdrawal Fee: A Brief Guide to the Platform’s Terms
March 27, 2021

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