Individual investors’ interest in cryptocurrencies continues to increase. Recently, the total crypto market cap has reached an all-time high, reaching over $2.6 trillion. Popular cryptos such as Bitcoin (BTC), Ethereum (ETH) and Shiba Inu (SHIB), which collected the largest volumes, reached peak prices. So, which ones are on the investors’ radar? Here is the list of top 5 altcoin projects…
Dogecoin ranks top
The most searched cryptocurrency on Google is usually Dogecoin (DOGE). The meme-based cryptocurrency was also the most sought-after cryptocurrency in the US in 2021. The meme coin legend ranks first with over 7 million searches.
Dogecoin experienced a mega bull rally earlier this year. In the following months, it reached record levels with $ 0.70. Now, although it has withdrawn by 50%, it continues to attract the attention of individual investors. Apart from Elon Musk, who supported the DOGE price, a few billionaires also supported the meme-based cryptocurrency. Dallas Mavericks owner Mark Cuban has even begun accepting DOGE as a method of payment for his companies.
Well, which cryptocurrencies other than Dogecoin are talked about a lot. In short, we take a look at 4 more altcoin projects…
Bitcoin (BTC) is the second most sought-after cryptocurrency
Bitcoin is the world’s largest cryptocurrency, but ranks second in Google searches. An average of 4,700,000 searches are made on Google about Bitcoin. The leading cryptocurrency dominates 45 percent of the market, making it the safest haven for individual and institutional investors. Meanwhile, the rise of Bitcoin ETF approvals has started a short bull run over the past few weeks.
In third place is the altcoin giant Ethereum
The largest altcoin project, Ethereum (ETH), often follows Bitcoin and is seen as a reliable investment vehicle. According to Google searches, Ethereum is in third place with 1,800,000 monthly searches. There is great support here for hosting NFT and DeFi projects. Also, developments related to Ethereum 2.0 are also providing a huge rally in ETH price.
Altcoin Shiba Inu (SHIB) could target top positions
Dogecoin’s fierce competitor, Shiba Inu (SHIB), dropped DOGE from crypto this month and smashed it. SHIB has entered the top 10 cryptocurrencies with an increase of approximately 500% in the last month. There are 870,000 searches per month for SHIB on Google.
Fifth is Cardano (ADA)
Cardano (ADA), one of Ethereum’s biggest competitors, is in fifth place with 704,000 Google searches per month. ADA was started in 2015 by former Ethereum founder Charles Hoskinson. One of the permanent projects among the top 3, ADA is currently trading at the 4th place. By the way, cryptocoin.com With the Alanzo upgrade, which we have transferred, it entered the Dapp market by adding smart contracts capability to its platform. ADA basically provides cost and scaling solutions to Ethereum.
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