Dogecoin Causes Investor’s Website To Crash As Traffic Surges 1,000%

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Last Updated on 15 March 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Critics of Bitcoin claim that it has no real world usage (although several African countries are proving otherwise as of late), but what will they say if they find out that Dogecoin, the currency started as a joke, is from time to time even more popular.

A Canadian app developer which announced that it was investing in Dogecoin found out exactly how popular the Shiba Inu represented coin is when its website crashed because of a surge in traffic. The company’s stock price has lately exploded.

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Server overload

Canadian company Hello Pal International is working on live streaming, language learning, and social-crypto platforms. Seeing the popularity of the cryptosphere, it announced last week that it was directly investing in a Dogecoin mining facility.

As a result, Doge fans flooded to it’s website in such numbers that the Vancouver based firm suffered a temporary outage due to server overload. In essence, website traffic was up 1,000% and its server crashed.

The sharp increase in activity on our website and the Hello Pal app validates the clear position we have taken on Dogecoin as well as on cryptocurrency in general.

Explained KL Wong, Founder and Chairman of Hello Pal in response.

Musk, Snoop Dogg and Cuban as fans

The meme-coin has seen an explosion of popularity this year as investors look to diversify their holdings in crypto.

Back in 2020, given that Tesla CEO Elon Musk regularly sent out jokes about Dogecoin, the small crypto was used to spiking and then deflating afterwards. By now, it counts many fans, like billionaire Mark Cuban and rapper Snoop Dogg, and is as of late trading at a normal crypto coin. Still with spikes and deflations afterwards, but the level of $0,005 hasn’t been abandoned for months now.

Over the past week, Dogecoin is up 3%.