Cryptocurrency has received a lot of buzz over the last few years. Even if you’re a normal person who is not much into the digital world but happens to have an internet connection, chances are you’re familiar with cryptocurrencies. One of the main reasons behind the increasing popularity and success of the digital currency is social media.
When bitcoin first started, it was valued somewhere around $0.08. Now, a bitcoin is worth nearly $3900. With a lot of people on social media talking about cryptocurrencies and blockchain, there was an increase in demand. And an increase in demand leads to an increase in value.