As dogecoin prices spike, here are the most dogecoin-crazed states in the U.S.
Dogecoin prices are spiking again. The meme-based cryptocurrency’s jump of 96% this week brings its year-to-date gain to more than 14,000%.
The shiba inu-themed crypto has gained a cult following in recent months, spearheaded by some high-profile people, notably Tesla’s Elon Musk and fellow billionaire Mark Cuban.
Dogecoin, as a topic, has been trending in the U.S. for some months, but the states where it’s most popular may not be the ones you would have guessed.
Here are the states in which people are talking about dogecoin the most:
The map tracks geotagged tweets, hashtags and direct keyword phrases about dogecoin, and was gathered by data visualizations site Someka. The tracking uses multiple keywords to get the most accurate data, including #doge, #dogecoin, #dogecrypto, #dogeday and #dogeinvestor.
The map, which tracks geotagged twitter data in March, indicates that Alabama is the most doge-crazed state in the U.S. — over 3 million tweets were tracked in this dataset.
The top 10 states with the most dogecoin interest:
Alabama
Pennsylvania
South Carolina
Utah
Florida
Idaho
Alaska
California
Iowa
New York
Similar to bitcoin and ethereum, dogecoin is a peer-to-peer, open-source cryptocurrency. Dogecoin features the face of the shiba inu from the popular doge meme as its logo.
In those top 10 states and beyond, the interest in and popularity of dogecoin has surged in 2021. Of late, wealthy investor Mike Novogratz observed in an interview with MarketWatch that “it’s dangerous being a speculator” in the meme-powered crypto. Even Musk, on the eve of his guest-host star turn on “Saturday Night Live,” was urging prudence.
Last week, the Oakland A’s made what was almost certainly the first dogecoin transaction in baseball history when the team sold a pair of seats for 100 dogecoin, was worth about $50 at the time.
