Cryptocurrency The tightening monetary policy of the USA, whose market tightened in 2022, took a great damage with the collapse of platforms such as Terra, FTX and Celsius.
Google search data revealed the list of the most searched cryptocurrencies throughout 2022. Decreases in price resulted in a decrease in searches, in line with expectations. According to the data, the keyword “buy cryptocurrencies” fell to its lowest level since February 2020. As a matter of fact, the reason for this keyword’s decline can be interpreted in many different ways. For example, the fact that people already have preferences for a certain stock market may have decreased these searches.
Accenture’s Global Consumer Payments 2022 report despite market crash cryptocurrency revealed that the retail interest in its units remained high. The rate of participants is; long-term investments (28%), curiosity (22%), short-term speculation (21%), and others.
A separate study by DollarGeek looked at the most sought-after cryptocurrencies worldwide in 2022.
Bitcoin remains by far the most searched cryptocurrency on Google. DollarGeek’s research also topped the list, with 28.41 million monthly searches logged worldwide.
Koinfinans.com As we reported, Bitcoin price has lost about 65% since the beginning of the year. Some analysts expect this decline to continue up to $10,000. However, internet searches over the past 12 months reveal that most people search to buy Bitcoin, not sell it.
dogecoin In 2022, it ranked second with an average of 5.85 million monthly searches worldwide.
The popular meme coin trended and gained traction after news of Elon Musk’s acquisition of Twitter. As a matter of fact, the DOGE listing of the Robinhood exchange is another reason that increases this popularity. Although the DOGE searches provided good data as a result, the searches came in a certain period.
Third on the list is another popular meme coin. shiba inu took place. SHIB recorded 4.43 million monthly searches worldwide. The leading altcoin Ethereum is in fourth place with 3.84 million searches, fifth is Cardano with 1.4 million searches, sixth is XRP with 1.3 million searches, seventh is Safemoon with 1.03 million searches, eighth is Avalanche with 861k searches, ninth is Litecoin with 796k searches, and tenth is from Litecoin. Nexus took place with 734 thousand searches.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.