Shiba Inu among the most Googled cryptos in the US for March
Shiba Inu garnered significant interest from investors amid the buzz surrounding the Shibarium beta, which launched in March.
Shiba Inu (SHIB) ranks among the most Googled cryptocurrencies in the US for March. This milestone is a testament to the growing appeal of the dog-themed asset, especially in light of the excitement surrounding the Shibarium Beta, which launched in March.
In particular, “Shiba inu cryptocurrency” is among the highest Google searches related to the “Cryptocurrency” search. The question is only under “bitcoin” and “cryptocurrency prices.” Also, searches for “shiba inu cryptocurrency” increased 180% in March. For context, Google searches for “bitcoin price” only saw an 80% increase.
In addition, information from Google results shows that searches for “shiba inu news” increased by a whopping 150% in March, indicating the increasing speed with which investors are interested in following the latest asset developments.
Data from Google Trends further indicates an erratic pattern in searches for Shiba Inu in March. On March 5th in particular, there was the highest number of Shiba Inu searches as the buzz around the Shibarium began to pick up. Interest in the asset continued to fluctuate until another surge was seen on March 13, just two days after the launch of Shibarium Beta.
Google Trends data further suggests that residents of the state of Vermont showed the most interest in Shiba Inu throughout March, with North Dakota and Delaware accounting for the second and third highest searches, respectively.
The increase in Google searches for the Shiba Inu is not unexpected, considering the asset’s astronomically increasing prominence. A January report from CoinDCX revealed that Shiba Inu was the second most searched cryptocurrency in the US for 2022, only behind Bitcoin. It was also ranked third in global searches.
Shiba Inu’s bullish development
– Advertisement –
The particular surge in interest in March was partly triggered by a cluster of bullish developments around the asset. Most of these developments concerned Shibarium. Last month, several platforms were ready to support the L2 network at launch.
March too launch of the beta phase of the network, called “Puppynet”. The testnet reached notable milestones shortly after launch, with at the latest is a wallet count of over 200,000 and over 2 million processed transactions.
– Advertisement –