The Fintech Times revealed the most sought-after cryptocurrencies in the US region by state, in a study that analyzed up-to-date Google search data. Interestingly, Terra (LUNA), the biggest crash of recent years, is at the top of the list.
Here are the most wanted cryptocurrencies in the USA
According to the data, the Shiba Inu was the most sought-after cryptocurrency in New Hampshire. Terra (LUNA) ranks first in 14 US states. Looking at this data, it turns out that many investors are particularly interested in risky coins. Google Trend data shows that despite the collapse of the Terra ecosystem, many US people are still interested in the project.
After Bitcoin, Terra is the second most popular cryptocurrency in the US, according to Google data compiled by the Fintech Times. Here is the list of the most wanted cryptocurrencies by state:
Terra (LUNA) ranked first in more than 14 states
Notably, Alabama, Arkansas, California, Colorado, Georgia, Illinois, Massachusetts, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, and Washington are among the 14 states that call Terra. In the report, regarding this result; It was noted that Terra is being watched closely as she plans to make a comeback.
Why do Americans care about Terra (LUNA)?
The project team and investors are looking for ways to revive the project after the collapse of the Terra ecosystem. Also, although TerraForm Labs plans to pay investors through Terra 2.0 initiatives, the community has decided to stick with traditional tokens LUNC and USTC.
The Terra Classic community is making great strides specifically towards reclaiming the value of LUNC. Burning some of the total LUNC supply is the community’s main move, as it expects it to bring the price back to its previous levels. A total of 24.14 billion Terra Classics have been burned so far, according to information provided by LUNC Burn, an unofficial account that tracks all LUNC burns. cryptocoin.comAs you follow, Binance supports community token burning efforts.
The Americans continued to be interested in Terra as a result of the ongoing cremation efforts.
Other searches
Meanwhile, America’s interest in cryptocurrencies is not limited to Terra. Cryptocurrencies that are also popular among Americans are Shiba Inu, Bitcoin and Ethereum. 15 states are particularly interested in Bitcoin, among other cryptocurrencies. Also, Shiba Inu, Cardano, and Ripple became the most sought-after cryptocurrency in at least one state. On the other hand, Ethereum was the most sought after in six states. The leading altcoin was followed by Dogecoin in six states, Pancat in two states, and Tether in two states.
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