Recent data show that after the Dodge Coin price tag and the tweets of celebrities about this digital currency, the number of Google searches for the word Dodge Coin has increased from the number of searches for Bitcoin in the United States.
To Report Cryptopotito, after many world celebrities such as Ilan Musk and Snoop Dogg (famous rapper) praised Dogecoin, attention to this digital currency increased. These considerations led to more Google searches for Dodge Coin than for Bitcoin in the United States. On the other hand, Dogecoin’s 300 percent increase in price in the past month has raised it to the tenth place in the digital currency market. Other factors driving up the Dogecoin price include the WallStreetBets margin on Reddit.
It is worth noting that the market value of Dogecoin is currently more than $ 9 billion.
As mentioned earlier, the constant tweets of Elon Musk as CEO of Tesla and SpaceX and the richest man on earth in praise of Dogecoin were the main reason for Dogecoin’s price increase.
In one of his tweets, he asked his users to take part in a poll. In the poll, Musk asked 46 million followers to choose the future currency of the earth from Dogecoin and other digital currencies. Until yesterday, this poll was at the top of the tweets on Elon Musk’s page as a pinned tweet.
But Elon Musk was not the only celebrity to tweet about Dogecoin. Famous American rapper Snoop Dogg was among those who published a photo of Dogecoin. In this photo, he posted a photoshopped image of himself with his dog face replaced by the Dogecoin logo. Dogecoin prices have risen more than 110 percent since last week. This digital currency was able to break its historical peak on January 29. At that time, we saw a 900% increase in the price of Dogecoin.