The fall of the cryptocurrency market does not mean that interest in them has also decreased. A new study from cryptocurrency education platform CryptoManiaks has revealed that many countries are still surfing the Internet in search of information related to cryptocurrencies.
According to the study, the Netherlands and Turkey occupy the first two places; 8.2% and 5.5% of the population, respectively, search for terms related to cryptocurrencies. Turkey, in particular, performed 4.7 million searchesleading the searches with absolute numbers.
The study looked at the combined number of searches for a select set of popular cryptocurrencies among a percentage of the population in each country. to calculate the percentage of local people who search each month.
Although it ranked second in terms of global searches, Turkey ranked first for searches related to the Dogecoin (DOGE) memecoin; had 812,000 monthly searches. This figure is almost double that of Ether (ETH), the third most sought after cryptocurrency in the country..
A CryptoManiaks spokesperson commented on the curiosity about DOGE, especially in the last 12 months:
“Dogecoin’s popularity has surpassed that of Ethereum in a significant number of countries; there are almost 2 million more monthly searches for the currency around the world.”
The cryptocurrency DOGE has remained a popular digital asset and cultural phenomenon after it was adopted as internet icon Elon Musk’s preferred cryptocurrency..
Some of the cryptocurrencies included in the search terms were bitcoin (BTC), Solana (SOL), and BNB (BNB), among others..
After the Netherlands and Turkey came Germany, Canada and the Czech Republic..
Although the United States and the United Kingdom are major players in the global cryptocurrency industry, neither made the top spots. due to the number of searches equivalent to the size of its population. The United States ranks 15th, since only 1.9% of the population searches for these terms; while the United Kingdom ranks 12th, since only 2.6% of the population searches for the terms.
A recent Cointelegraph investigation also revealed that, Despite market conditions, large institutions remain interested in the sector and continue to invest millions in cryptocurrency-related projects..
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