The study’s findings show SHIB commands six different countries and the United Kingdom. The meme token SHIB saw a significant increase in popularity during the last 12 months. While bitcoin ( BTC) was the top crypto across Europe, shiba Inu (SHIB) is the most popular cryptocurrency in the U.K., according to the researcher’s collected Google searches. map of the most Googled cryptocurrencies in every European country. BTC outpaced the competitors in the study, as the leading crypto asset rules the roost in countries like Germany, Finland, Norway, Poland, Romania, and Belgium. According to the findings, bitcoin ( BTC) is the most popular digital currency in Europe as it was the most searched crypto in 21 countries. This week News was sent a report from that analyzes Google Trends (GT) data over the last year in order to find out what the most popular crypto assets are in the U.K. Trends Study Highlights the Most Popular Crypto Assets in Europe, UK - Bitcoin Reigns in Europe, While Shiba Inu Takes the UK According to the report, while bitcoin is the most popular crypto asset in Europe, the study of the trends shows that the meme token shiba inu is the most popular in the United Kingdom. Another study - published by - has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. According to the report, dogecoin was the most Googled cryptocurrency in the country. Jeffrey Tucker on De-Dollarization: USD Will No Longer Be King, We’re at Turning Point for US Dollarįormer President Donald Trump Likens US Losing Currency War Against China to America Losing a World WarĮconomist Paul Krugman Criticizes Florida Gov.22 days ago, News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Requiredĭe-Dollarization Trend Irreversible, Flight From US Dollar Sure to Accelerate, Says Russian Official Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira Whether for remittances, e-commerce, bitcoin trading, more and more Nigerians are taking interest in bitcoin daily.Īccording to Ihenyen, this growing interest be cannot be stopped but “can it be maximized and managed.” He adds that policymakers and regulators should therefore be searching for ways to maximize and manage this interest instead of “looking for the red button.” The freedom of money is a powerful thing, especially in a borderless, digital economy. Nigerians are experiencing the level of financial inclusion that many have expected for too long. Meanwhile, Ihenyen points out that while institutional investor interest in bitcoin is taking hold in countries like the United States, interest for BTC “in Nigeria is as decentralized as the cryptocurrency itself.” The SIBAN president explains: According to the SIBAN leader, this decentralization of interest suggests that BTC is seen by the youth as “represent(ing) the democratization of access to global wealth.” Decentralized Interest Lagos, the “most populous city” in Africa is ranked a distant 17th. In his reaction to Nigeria’s new status, Ihenyen insists this is hardly surprising for a country with a “median age of 18.4.” He contends that in such a scenario, “interest in bitcoin and its adoption should be expected.”Īs the Google Trends data confirms, the Nigerian interest in bitcoin is also decentralized with the Delta State ranked first in that country. This assertion is supported by Senator Ihenyen, the new president of the Stakeholders in the Blockchain Technology Association of Nigeria (SIBAN). The report also explains that country’s youth have been the decisive force behind this surge in bitcoin searches. Youth-Driven InterestĪccording to one local report, Nigeria’s rise to the top of bitcoin search rankings signals the growing utility of the crypto in that country. The data shows that the West African country has a search score of 100, which is more than double that of its nearest rival. Nigeria, one of the biggest cryptocurrency markets in the world, recently emerged as the country with the highest number of bitcoin searches globally, according to Google Trends data.
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