Today is the big day for up and coming crypto-based social media "Bitclout!" They have officially had their first exchange listing, which is currently on blockchain.com and is seeing prices soar from anywhere between $250-$300.
Ever since its' inception, Bitclout has seen a steady rise in popularity. Some of the bigger names that have activated accounts on Bitclout are Bella Thorne, Pamela Anderson, and Chamath Palihapitiya, the minority owner of the NBA's Golden State Warriors.
Though there have been many skeptics of the project, their first exchange listing goes a long way in legitimizing this emerging social media project. Another new revelation that has helped the site gain legitimacy is the endorsement of Brian Armstrong.
He is the CEO of Coinbase, the most popular crypto trading platform. Also, he has just created a profile on Bitclout and, as the time of writing this article, is the #1 daily gainer on the site.