Data from Google results for March revealed that searches for cryptocurrencies in the US region are concentrated around this altcoin…
This altcoin was the most searched crypto on Google in the US in March
Data from Google Trends shows that, among other cryptocurrencies, US users are interested in a special meme token. This interest centered on the Shiba Inu (SHIB). The Shiba Inu is garnering a lot of attention from investors amid rumors about the Shibarium beta launched in March.
The second largest meme coin was among the most searched cryptocurrencies on Google in the US region in March. This milestone attests to the growing interest from investors, especially in light of the excitement surrounding the Shibarium Beta, which launched in March.
Shiba Inu (SHIB) surpasses Bitcoin
At a key point, “Shiba Flour cryptocurrency” is among the top Google queries for the “Cryptocurrency” search. The search is just below “Bitcoin” and “cryptocurrency prices”. Also, searches for “shiba inu cryptocurrency” increased 180% in March. In terms of context, Google searches for “Bitcoin price” only saw an 80% increase.
In addition, information from Google results shows that searches for “Shiba Inu news” increased by a whopping 150% in March; this shows the increasing proportion of investors interested in following the latest asset developments.
Increased interest matches Shiba’s highly anticipated new projects
Data from Google Trends also shows an erratic pattern in searches for the Shiba Inu in March. March 5 in particular witnessed the highest number of Shiba Inu searches as the hype around the Shibarium started to gain momentum. Interest in Shiba continued to fluctuate until we witnessed another spike on March 13, just two days after the launch of the Shibarium Beta.
Google Trends data also shows that residents of the state of Vermont showed the highest interest in the Shiba Inu during March, with North Dakota and Delaware making the second and third highest searches, respectively.
The increase in Google searches for the Shiba Inu is not unexpected given the astronomically increasing importance of the asset. CoinDCX’s January report revealed that the Shiba Inu is the second most sought-after cryptocurrency in the US for 2022, just below Bitcoin. It also ranked third in global searches.
Shiba Inu feeds altcoin bulls with this news
The surge in special interest in March was triggered, in part, by a series of positive developments surrounding the SHIB. Most of these developments were related to Shibarium. Last month, several platforms were ready to support L2 networking at launch.
March also cryptocoin.com also witnessed the launch of the beta phase called “Puppynet”, which we refer to as “Puppynet”. Testnet reached notable milestones shortly after its launch; the most recent was a wallet count of over 200,000 and over 2 million processed transactions.
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