The Advisor Coach.com has published a list of the most searched cryptocurrencies on Google in the US in recent times.
The research was conducted using data extracted from Google Trends, filtered by US states.
Summary
Dogecoin tops most-searched cryptocurrencies in the US
In first place was Dogecoin, which surprisingly came out on top as the most searched cryptocurrency in 23 of the 50 states, while the second place was taken by the most obvious, Bitcoin, with 10 states.
The difference between the top two is remarkable, while in third place was Ethereum with 8 states.
The fact that in fourth place was Shiba Inu with 7 states, and that only two other cryptocurrencies made it into the rankings, suggests that these figures were heavily influenced by the 2021 hype.
The cryptocurrencies of 2021
In other words, these are results that are clearly related to what has been specifically talked about this year, especially on social media, and which may change significantly as early as next year.
In 50 states, only 4 cryptocurrencies out of more than 10,000 have managed to attract attention in at least 7 states, and of these no less than two are 2021 phenomena closely linked to momentary online hype.
In particular, Dogecoin’s success is due to the numerous mentions it received in the first five months of the year from Elon Musk, as he even made it the subject of some sketches during the famous Saturday Night Live.
Bitcoin‘s second place is less linked to momentary hype, as is Ethereum‘s third.
It is worth noting that Dogecoin did very well in the north-central states, but also in the east coast states, as well as Oregon, Arizona and New Mexico.
Bitcoin did better in New England, while Ethereum did better in the eastern part of the Mid-West.
Shiba Inu was strong in the western states, including California, where Elon Musk’s Tesla is based. It is curious, if not ironic, that Dogecoin did not win in California, but rather its rival Shiba Inu.
Historic versus popular cryptocurrencies
According to The Advisor Coach, who conducted the research, the increase in interest in cryptocurrencies has been enormous over the past year, with more and more people researching them on Google.
This makes it all the more obvious how big the hype has been that has driven Dogecoin and Shiba Inu to become so popular, seeing that Bitcoin and Ethereum are two historical cryptocurrencies that have been prominent in the crypto markets for several years now.
On the other hand, the fact that Dogecoin and Shiba Inu were by no means the only two cryptocurrencies that generated a lot of hype in the last 12 months, and the fact that Bitcoin and Ethereum outperformed Shiba Inu in this ranking, suggests that the two great historic cryptocurrencies still have a strength that is hard to resist.
It took a television appearance by the world’s richest man on one of the most-watched programmes on American TV for Dogecoin to triumph. We can speculate that if Satoshi Nakamoto had gone on Jimmy Fallon’s Tonight Show, Bitcoin might have dominated even this time.
