Will Shiba Inu Beat Bitcoin in Number of Twitter Followers?
In the last two years, the Shiba Inu remained in top 10 list of the most talked about cryptocurrencies on social media. While Dogecoin dominated Twitter during the first half of 2021, SHIB took over the reins in the second half of the year. On Monday, the number of Twitter followers for Shiba Inu broke the number of Dogecoin followers, indicating that SHIB commands a larger following.
Both SHIB and Doge’s followers stand at 3.4 million with Shiba Inu’s followers well ahead at around 10,000. SHIB is now the third most followed crypto on Twitter and only behind Binance at 9.32 million and Bitcoin at 5.47 million.
Also read: Why is the cryptocurrency market crashing today?
Will Shiba Inu beat Bitcoin in number of Twitter followers
While Shiba Inu’s Twitter followers currently stand at 3.4 million, Bitcoin’s follower count is 5.47 million. There is a huge gap of almost 2.1 million followers between the two most popular cryptos. But while Bitcoin joined Twitter in August 2021, SHIB joined the social media platform a decade later in February 2021.
SHIB crossed leading cryptos like Solana, Ripple, Ethereum and Dogecoin to take the third place in just two years. Considering how quickly the dog-themed token attracted a following, its number could surpass Bitcoin in the coming years. However, it most likely may not surpass Bitcoin’s followers in 2022, but 2023 may see opportunities.
Also read: Shiba Inu’s bones double in price: break $1 from $0.50 in 30 days
Why does SHIB attract so many followers?
First and foremost, the Shiba Inu is affordable for new investors and is considered low-hanging fruit that can be picked up. On the other hand, Bitcoin is unaffordable for the average Joe, so the thrill of “following” goes for a shot. Also, the Shiba Inu is constantly making its rounds in news cycles, attracting new and first-time investors into the fold.
Therefore, as and when new investors enter the crypto markets, SHIB gains followers. Moreover, investors are feeling excited about SHIB as the token has entered the gaming, fashion and food segment. Aside from viewing crypto as an investment, investors also consider the dog-themed token as part of their entertainment.
In conclusion, Shiba Inu beating Bitcoin in the number of Twitter followers is only a matter of time.
Also Read: Shiba Inu: Here’s what to expect from the upcoming SHIB mobile app