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Dogecoin has reached this new important milestone



 The Dogecoin community has reached a new important milestone.


The number of followers of the official Dogecoin Twitter account has surpassed three million users, which is seen by many as an important milestone. This also shows that there is still a lot of interest in the meme coin, which has seen some ups and downs.


Doge is the second largest cryptocurrency on the popular social media platform Twitter behind Bitcoin. For comparison, Shiba Inu has 2.7 million followers on Twitter.


The Dogecoin account has seen amazing growth over the past year and with it a 681% increase in followers.


Dogecoin's Reddit community also has 2.3 million subscribers. It was the most viewed subreddit related to cryptocurrencies in 2021.


In the fourth quarter of 2021, popularity has peaked as Elon Musk has led a price rally. The Twitter account surpassed one million followers in late April 2021 amid the retail-led frenzy.


However, that impressive growth faltered after the stock crashed in early May. Nonetheless, Doge was still up almost 5,000% in 2021, far outperforming the vast majority of other top cryptocurrencies.


At the time of writing, Dogecoin is down nearly 80% from its all-time high. Despite this fall, meme coin remains the 11th largest cryptocurrency by market cap.


Dogecoin co-founder Billy Markus, who goes by the alias Shibetoshi Nakamoto on Twitter, has also surpassed one million followers, making him one of the most popular cryptocurrency founders. His account has benefited from frequent interactions with Musk, who has a whopping 72.8 million followers.


In contrast, Jackson Palmer, who created Dogecoin with Markus, only has 41,600 followers. Last July, he lashed out at the crypto industry, describing it as a powerful cartel run by wealthy individuals.

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