Bitcoin’s Social Media Surge
As Bitcoin rockets through the stratosphere of the $30,000 range, it seems social media can hardly contain its excitement. This digital currency is not just a financial asset anymore; it’s the hottest topic since avocado toast! According to the latest analytics from The TIE, the number of unique Twitter accounts tweeting about Bitcoin has reached a jaw-dropping 66,832, surpassing the previous record from the last bull run in 2017.
Breaking Records: A Brief History
In case you missed it, the previous record for Twitter chatter was set at 64,652 accounts on December 27, 2017. And just when you thought things couldn’t get wilder, Joshua Frank, CEO of The TIE, shared that the number of handles has since skyrocketed beyond 70,000! That’s like adding a whole new stadium of excited fans cheering on the crypto team!
The Numbers Game
But wait, there’s more! The tweet volume surged past 140,000, eclipsing the December 2017 numbers of 135,000. It’s almost enough to make a social media manager weep in joy (or rage). Overall, crypto tweets have topped nearly a quarter million in just one 24-hour period. Can you imagine all those tweets flying around like virtual confetti?
Search Trends: FOMO is Real
Interestingly, this surge in tweets isn’t the only sign that Bitcoin madness is back. Search queries for “Bitcoin” and “how to buy Bitcoin” have increased accordingly, indicating that even the casual observer is feeling the heat of this digital gold rush. Meanwhile, searches for “how to buy Ethereum” remain limp, even though it’s also experiencing a price surge. It seems Ethereum is playing hard to get!
Who’s Joining the Crypto Craze?
Many analysts are attributing this influx of interest to FOMO (Fear of Missing Out) among institutional investors, and just like that, retail investors are jumping onto this speculative bandwagon. If we thought the 2017 crypto bubble was wild, this time we’re expecting a rollercoaster of elephantine proportions!
The Final Thoughts
As we sit here, watching Bitcoin break new barriers and social media explode with joy (or complete panic), one can only wonder what the next chapter Holds for cryptocurrencies. For avid investors and casual observers alike, it’s an exhilarating time to be part of this thrilling ride. Let’s keep tweeting and hoping for the bull markets ahead!
