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October 2, 2022
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The interest in DOGE in the US is greater than in Bitcoin

The last weeks in the cryptocurrency market have been quite interesting. Somewhat surprisingly (or not), the interest in the US meme coin in DOGE was greater than that in Bitcoin. All this thanks to the regularly tweeting Elon Musk and the hype around Wall Street Bets.

DOGE in the TOP 10

Dogecoin is currently the 10th largest cryptocurrency in the world by market capitalization. With a combined market cap of $ 8.2 billion, DOGE outperforms cryptocurrencies such as Aave, UNI, and even USDC’s stablecoin.

It is also worth noting that this cryptocurrency is now more popular than Bitcoin. The number of searches for “dogecoin” on Google exceeded those for “bitcoin”.

Searches for “Dogecoin” vs. “Bitcoin” in the US in the last 12 months. Source: Google Trends

Undoubtedly, much of the interest comes from the fact that Elon Musk, CEO of Tesla and SpaceX, has been tweeting about DOGE almost every other day for the past few weeks. Musk has nearly 46 million Twitter followers, and even now, at the time of writing, his pinned tweet is a poll about “future currency on Earth.” The results are not surprising at all.

Snoop Dogg and other stars on board

Dogecoin is very popular with celebrities. Yesterday we informed that the cult Mexican rapper Snoop Dogg joined the promotion of meme coin. Tweeting from his official account, the star posted the following photo:

Memes spread like fire on the internet, and this has sparked a general increase in interest in cryptocurrency. In the last week alone, DOGE has grown by approximately 110%. In the last 14 days, the cryptocurrency has seen a 600% increase. This happened after she withdrew from her ATH achieved on January 29. The price then increased by over 1000% in less than 24 hours. The reason was the mentions from people associated with the popular Wall Street Bets group.

Current DOGE course and other cryptocurrencies, you can always check the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website .

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