In recent months, meme coins such as Dogecoin and Shiba Inu have dominated market searches.
With the rise of Shiba Inu to a new all-time high, there has been a surge in interest in meme coins, which have routinely led search results on social media and Google. The most recent is the November search metrics, which reveal that interest in meme currencies in the United States has peaked.
Given the recent success of both of these altcoins, this comes as no surprise. Projects that began as jokes are now worth billions of dollars and have provided significant returns on investments in a short period of time. As they become more popular, investors are becoming more interested.
Dogecoin and Shiba Inu are the most popular search terms
Search queries for Dogecoin and Shiba Inu led in 23 states in the United States, according to Google statistics. These altcoins have grown in popularity to the point where they are outranking prominent cryptocurrencies like Bitcoin and Ethereum in terms of most-searched terms.
After billionaire Elon Musk praised the former, searches for Doge and SHIB spiked in cities including Florida, Illinois, and Michigan.
As a result of the 2021 boom, the country is at the top of the list for most searches for both meme coins. Dogecoin searches surpassed 7 million in a single month, with Shiba Inu not far behind. This figure has exceeded interest in coins like as BTC and ETH, which have traditionally led the market in this regard.
These may be worthless cryptocurrency, but according to Binance CEO Changpeng Zhao, they have value as long as people value them.
The meme coins have recently dominated not only Google search results, but also social media. Dogecoin and Shiba Inu have also made a name for themselves on social media.
Social media searches have leaned heavily towards these meme currencies, as evidenced by the massive followings that both projects have amassed in the last few months.
Dogecoin is still one of the most popular cryptocurrencies on Twitter, ranking third with a total of 2.5 million followers. The only projects on the platform having more followers than Doge are BNB and Bitcoin.
Shiba Inu, a much younger project, came in fifth place, with almost two million Twitter followers. Investor favorites like Ethereum, Cardano, Solana, and SafeMoon were all beaten out by both projects.
