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![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-120x86.jpg)
Social media platform Reddit, which was on a roll in 2021, recently released a year-end “Reddit Recap.” The recap covers some surprises concerning the platform, including the fact that redditors expressed more investment interest in Dogecoin than in Bitcoin.
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Reddit was at the center of this year’s meme stock volatility saga — in part due to very active and opinionated retail traders on r/WallStreetBets subreddit — and also, in December, announced it had confidentially submitted paperwork to the Securities and Exchange Commission (SEC) for an Initial Public Offering (IPO).
“This past year, Reddit became the place where people felt empowered and inspired to share their opinions, experiences, and stories and connect with one another to take action and positively impact their communities,” Reddit said in a blog post.
It comes as no surprise that breaking down the most viewed topics of 2021, crypto is the number one theme, preceding gaming.
“In 2021, there were a lot of conversations on Reddit, but none more prominent than cryptocurrency. For more than 10 years, Reddit has been home to over 500 cryptocurrency communities. As more redditors participate in conversation, whether it be for information, help, or to share major successes, Reddit continues to be the hub for cryptocurrency enthusiasts,” the recap read.
Notably, Dogecoin garnered more interest than Bitcoin on Reddit in 2021: the top-five most-viewed crypto communities in 2021 were r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock, and…
![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-350x250.jpg)
