The asset bypassed such cryptocurrencies as Bitcoin and Ethereum by requests

​Dogecoin has become the most popular coin in the US searches

23.11.2021 - 07:45

107

1 min

What’s new? The Business Insider portal has published data from a study by The Adviser Coach on the popularity of various cryptocurrencies across US states.

News source on the Business Insider website

Which cryptocurrencies topped the ranking? According to the new data, Dogecoin, “the dog coin,” is at the top of the search queries. It made the top spot in 23 US states, with Bitcoin, the first cryptocurrency, coming in second.

What is the reason for Dogecoin's popularity? Analysts believe that such high demand for the asset is due to entrepreneur Elon Musk, who regularly fuels interest in Dogecoin with his tweets.

Interestingly, another “the dog coin,” Shiba Inu, also made it to the top of the search queries and was ranked 4th overall. And in the states of New York, California, Texas, Washington, North Carolina, and Nevada, Shiba Inu topped the ranking.

Author:

Michael Golikov Michael Golikov

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