Dogecoin is the most searched cryptocurrency in the US. The search interest continued to increase, even after the crypto market crashed.
Dogecoin is a cryptocurrency that was created as a joke on Twitter in 2013. But, it has skyrocketed in popularity and currently has a market cap of $2 billion. Dogecoin allows people to send cryptocurrency tips to other social media users, or donate to charities through the currency. It is an internet meme that became popular because it is used for charitable causes and to make fun of other cryptocurrencies.
Many coins, such as Dogecoin and PepeCoin, began to rise at a rapid rate in the second half of October. However, it wasn’t until November that the trend became more mainstream. The Shiba inu coin saw a massive increase and rose more than 10 fold within one month and grabbed the attention of many cryptocurrency users.
The meteoric rise in the value of cryptocurrency has been a blessing for people, but for some coins, their values have been declining. In particular, meme coins such as Dogecoin and Pepecoin have been crashing. In the list of cryptocurrencies by market capitalization, they are on the last few spots. This is not to say that these currencies will not recover for recovery eventually, but it definitely makes sense to be cautious in this respect before investing in them.
Nevertheless, Google search results show that the meme coins trend is not getting down with Dogecoin. The search results for “Dogecoin.” were found to be the most popular in 23 states of the US. A research firm, The Advisor Coach, conducted a search on Google and found that there is a high interest in the crypto currency because of its different market value and community support.
However, “Bitcoin” was ranked second in the search results. Despite all of this attention, ten states in the United States exhibited a greater interest in Bitcoin than any other cryptocurrency.
Also Read: Floki Inu Sponsors Spanish La Liga Football Club
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
- Advertisement -
Comments are closed.