Doubtlessly, Bitcoin is the largest cryptocurrency by market capitalization, but Shiba Inu and Dogecoin take the win as they are the most searched on Google USA.
In today’s world, where it’s all about trends and memes, the meme-inspired cryptocurrencies were all the rage last month! A recent study shows that in the US, people have searched Shiba Inu and Dogecoin the most than other huge serious projects in the DeFi market.
Although the market capitalization of Ether and Bitcoin is 60% more than these cryptocurrencies, people were still curious about DOGE and SHIB. These coins were trending in almost 30 out of 50 states of America, and they have surely won the hearts of millions.
Another study done by research firm The Adviser Coach states that Dogecoin received an average of 7 million searches in the last month. This level of searches leaves the averages for Bitcoin and Ethereum combined way behind. No one has ever searched for any cryptocurrencies as they did with Shiba Inu and Dogecoin.
The reason is quite obvious; from their inception story to their recent controversies, both the coins manage to attract the attention span of most users. This popularity does look foolish to a lot of analysts and financial experts. They even call Dogecoin a hyped token with no real-world utility.
At this point, Dogecoin is the most admired crypto in 23 American states. These states include New Jersey, Arizona, Hawaii, and Florida. Therefore, the US is the county that scores the most in overall searches for Dogecoin. In Google Trends, it scores 97 points out of Google Trends. It’s second to Turkey, which shouldn’t matter due to its minimal population.