Dogecoin (DOGE) Subreddit Subscribers Increase by 7.67x in 2021

JOHN P. NJUI   •   ALTCOIN NEWS • CRYPTOCURRENCY   •   APRIL 16, 2021

• The number of subscribers to the Dogecoin (DOGE) subreddit has increased by a factor of 7.67x in 2021
• The subreddit now hosts 1.32 million subscribers with roughly 76k comments per day
• The increased discussion is in tandem with Dogecoin’s rise to the top 10 digital assets
• Dogecoin is now ranked 7th on Coinmarketcap, eclipsing Chainlink, Litecoin and more
• Dogecoin has also set an all-time high today of $0.4377

The number of subscribers to the Dogecoin (DOGE) subreddit has seen remarkable growth in 2021. According to data from SubRedditStats.com, the Dogecoin subreddit page kicked off 2021 with roughly 172,232 subscribers. The same Dogecoin subreddit page now has a total of 1.32 million subscribers with the numbers continuing to grow as seen through the following chart from the tracking website.

76k Comments Per day on r/Dogecoin

The increased number of new subscribers has seen the Dogecoin subreddit page experience roughly 76k comments per day and 18k posts per day. A screenshot of the data courtesy of SubRedditstats.com can be found below.

Dogecoin Subreddit Daily New Subscribers Continue to Increase

In the past week, the number of new subscribers to the Dogecoin subreddit has seen a remarkable increment with roughly 25k new users joining the DOGE Reddit community in the last 24 hours. This milestone was highlighted by the team at Skew analytics through the following tweet and accompanying chart.

Dogecoin (DOGE) Blasts into the Top 10 on Coinmarketcap

Earlier today, DOGE hit an all-time high of $0.4377. The remarkable rise in the value of Dogecoin leads to a loose conclusion that its value is correlated with the amount of DOGE discussions on social media platforms such as Reddit and Twitter.

The meme coin is currently trading at $0.34 with a market capitalization of $39.5 Billion thus making DOGE the 7th largest digital asset in the crypto-verse. Dogecoin’s rapid rise has resulted in the meme coin edging out seasoned heavyweights such as Polkadot, Litecoin, Bitcoin Cash, Uniswap and Chainlink, as seen in the screenshot below courtesy of Coinmarketcap.

Advertisement

Original article posted on the EthereumWorldNews.com site, by John P. Njui.

Article re-posted on Markethive by Jeffrey Sloe

Visit MarketHive to learn more: http://markethive.com/jeffreysloe