Not everyone sees the benefits of meme coins, but they are some of the most successful crypto assets to date. In addition, overall interest in Shiba Inu has increased significantly in almost 100 countries. Ethereum is more popular than Bitcoin, but only a few, but notable.
Shiba Inu is moving
As one of the better crypto assets of 2021, Shiba Inu continues to dominate the debate. Whether an asset should be considered a real cryptocurrency is another matter. It has a purpose, but generally it is not sued for purposes other than speculation or within the native DeFi ecosystem. That said, many continue to show demand for exposure to this particular asset in early 2022.
A survey of Casino Scores confirms that there is a growing overall interest in Shiba Inu. By analyzing data from Google Trends, the team confirms that Shiba Inu shows the strongest “growth” across Google Trends. In addition, it stands out much more than Ethereum, Bitcoin and polygons. Interestingly, Dogecoin, which peaked strongly in 2021, is not in the top ten, even though other memecoins like Dogecoin Mars are on the list.
Overall, Shiba Inu’s Google search has increased significantly in 98 countries over the last 12 months. There is considerable interest in assets throughout the UK, Germany, Sweden, and India. However, the increase in Google search queries does not affect the price of SHIB. SHIB, like any other crypto asset, is stuck sideways and with a semi-bearish momentum.
The rising Shiba Inu ranking indicates that momentum may increase throughout 2022. However, it depends heavily on what will happen to Bitcoin and Ethereum in the coming months. Neither asset has shown good momentum since its peak in 2021. There is no imminent reason why this ongoing bearish and sideways momentum leads to irrational markets.
Ethereum trumps Bitcoin
A study by CasinoScores draws another interesting picture. Many people search for Shiba Inu, but Ethereum points out decent performance. This is the fastest-growing crypto asset in five countries over the past year. That may not seem like much, but Bitcoin has only risen in four countries. Both assets have been around for years and have surpassed the charts in most parts of the world in the past.
The Casino Scores Team comments on findings:
“It’s fascinating to see the evolutionary impact of cryptocurrencies as the market grows and gets more publicity. The data show which currencies are of the greatest interest in the world. Bitcoins are the most searched of all digital currencies and are still popular with many, but there is a lot of competition around the world with new coins like Shiba Dog, and more established such as Ethereum. Competitors. “
It’s interesting to see Ethereum’s overall search queries grow. This may be due to the expected upgrade to ETH 2.0 in late 2020. Unfortunately, the upgrade was postponed by the developer at an unspecified time. I can’t draw any conclusions yet, but it may not happen at all in 2022.
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