Dogecoin Breaks Twitter Mention Records, Soars 800%+ – January 29

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $37,324

Bitcoin price has spiked back up above the $37,000 mark today, in part thanks to a mention from billionaire Tesla founder, Elon Musk.

Top-20 altcoins are in the green again led by a monster gain from Dogecoin, which has settled at prices 326% higher than yesterday. Ethereum has risen 6%, while XRP gains 9%.

Top Stories for January 29, 2021 πŸ”₯

πŸ‘‰ Dogecoin Breaks Twitter Mention Records, Soars 800%+

Dogecoin set the record today for the most mentioned cryptocurrency ever on Twitter, as price soared several hundred percent.

Attention was drawn to the coin by Redditors from r/wallstreetbets, following their recent flurry of activity across Gamestop and other stocks with excessive short interest.

πŸ‘‰ Blockfolio Launches Free In-App Trading

Popular cryptocurrency portfolio management app Blockfolio has launched zero-fee trading, almost half a year after its acquisition by crypto exchange FTX.

The new feature is powered by FTX and will include tokenized stock trading, including Gamestop, AMC and Nokia.

πŸ‘‰ Elon Musk Adds Bitcoin Hashtag To Twitter Bio For 43 Million Followers To See

Elon Musk has updated his Twitter biography section to simply say “#Bitcoin” creating a buzz around the leading cryptocurrency among his 43.7 million followers.

Bitcoin jumped almost immediately in value by 13%, demonstrating the power of Musk’s social media influence. The billionaire had also contributed to the Dogecoin rally, indirectly posting about the cryptocurrency.