Cryptocurrencies “Shiba Inu” and “Dogecoin” are the most searched on Google in the United States of America
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Answer Cryptocurrencies “Shiba Inu” and “Dogecoin” are the most searched on Google in the United States of America
Whoever thinks that cryptocurrency “meme” is useless and only a few people care about it at this stage, must review his expectations and calculations.
A recent study indicates that in most parts of the USA, people are more interested in “meme” cryptocurrencies such as “Dogecoin” or “Shiba Inu” than in big serious projects that claim to be a financial revolution.
Although Bitcoin and Ethereum occupy more than 60% of the total market volume of all cryptocurrencies, during 2021, “Dogecoin” and “Shiba Inu” won the hearts of Americans, as they were more searched for in search engines than any other digital currency.Read:Frustrated 51% attack attempt on the Bitcoin Gold blockchain…details here
“Dogecoin” invades nearly half of the United States:
According to a study conducted by the research firm “The Advisor Coach” which was covered byinterested in tradeThere were an average of 7 million searches for “Dogecoin” content and the word “Dogecoin” last month.
This level of interest exceeds the Bitcoin and Ethereum averages combined.
According to “Business Insider”, this rise can be linked to the “Elon Musk” effect, as the study stated the following:
The interest rate hike can be attributed in part to the endorsement of Elon Musk who stated earlier this year that Tesla would accept “dogecoin” as a payment method, although the popular financial publication “The Motley Fool” classifies Dogecoin as a useless token in the world. Real.
It looks like things could change in the near future with a series of capital investments and Musk’s interest in improving Doge code to adapt to global usability standards.
Dogecoin is the most common currency in 23 US states, including Florida, Hawaii, New Jersey and Arizona.
In fact, the United States is the country most searched for “Dogecoin”, with a score of 97 out of 100 in “Google Trends” and is second only to Turkey, which has a small percentage of the population.Read:The Finnish Customs Agency owns $15 million worth of Bitcoin
“Shiba Inu” is not far behind.
Dogecoin competition is already dominating searches in California (the technology hub of the United States), Washington, Nevada, Wyoming, Texas, North Carolina and New York.
In complete contrast, Bitcoin prevails in 10 states while Ethereum prevails in 8 states.
Cardano is a Colorado favorite.
Read:The “Stacking” BNB coin is now available on the Binance Demo Blockchain
Cryptocurrencies such as “Dogecoin”, “Shiba Inu”, “Floki Inu” and others have benefited from many pumps in social media despite the lack of significant fundamentals.
However, “Dogecoin” and “Shiba Inu” have grown so much that they occupy a place in the top 10 cryptocurrencies by total market capitalization.
At the time of the article’s publication, “Dogecoin” ranks 10th and “Shiba Inu” 12th.
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