Image: Coin Insider
A recent study confirmed that a cryptocurrency created as a meme, Dogecoin (DOGE), is very popular in the world of digital assets. DOGE has become the most Google-searched cryptocurrency in the U.S., followed by Bitcoin and Ethereum.
According to a Google Trends data analysis by crypto experts at Coin Insider, Dogecoin is the most popular token in 23 states including Illinois, Hawaii, New Jersey, and Florida, making it the undisputed most popular token in the US. The interest to learn more about it exceeds even the interest in such fundamental cryptocurrencies as Bitcoin and Ethereum, which are a pillar of the crypto world.
Bitcoin (BTC), the largest cryptocurrency by market cap, was the second most searched cryptocurrency. In particular, users in ten states including Mississippi, Arkansas, Idaho, and New Jersey turned to Google to learn how to invest in the flagship digital asset. This also reflects that BTC is half as popular in the US than DOGE.
In third place is Ethereum (ETH), which is popular among users in eight US states, including Utah, Oklahoma, Virginia, Indiana, and others. Meanwhile, Shiba Inu (SHIB), comes in at number four. Users in seven states searched for SHIB the most, including New York, Texas, California, and Nevada.
Source: Coin Insider
Source: Coin Insider
A Coin Insider spokesperson commented on the findings, saying that:
“This study offers incredible insight into where these investments are coming from across the US, with Dogecoin surpassing Bitcoin as the most popular cryptocurrency on the internet. With more than 6,500 cryptocurrencies available globally, it is fascinating to see currencies that may not be the most valuable are still the most sought after.”
© 2022, Eva Fox | Tesmanian. All rights reserved.
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About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.