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HomeCrypto NewsMarketShiba Inu Among Most Googled Crypto in the US for March

Shiba Inu Among Most Googled Crypto in the US for March

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Shiba Inu garnered considerable interest from investors amid the buzz surrounding Shibarium beta, which launched in March.

Shiba Inu (SHIB) is ranked among the most googled cryptocurrencies in the United States for March. This milestone is a testament to the increasing appeal of the canine-themed asset, particularly in light of the excitement surrounding Shibarium Beta, which launched in March.

Notably, “Shiba inu cryptocurrency” is among the highest Google queries related to the “Cryptocurrency” search. The query is only below “bitcoin” and “cryptocurrency prices.” Moreover, searches for “shiba inu cryptocurrency” rose 180% in March. For context, Google searches for “bitcoin price” only saw an 80% increase.

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In addition, information from Google results shows that searches for “shiba inu news” increased by a whopping 150% in March, indicating the growing rate at which investors are interested in keeping abreast with the latest asset developments.

Shiba Inu google searches
Shiba Inu google searches

Data from Google Trends further indicates an erratic pattern in searches for Shiba Inu in March. Particularly, March 5 saw the highest number of Shiba Inu searches as the buzz around Shibarium began to gain momentum. Interest in the asset continued to fluctuate until another surge was witnessed on March 13, merely two days after the launch of Shibarium Beta. 

Google Trends data further suggests that the 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 surge in Google searches for Shiba Inu is not unexpected, considering the asset’s astronomically rising prominence. A January report from CoinDCX revealed that Shiba Inu was the second most searched cryptocurrency in the United States for 2022, only below Bitcoin. It also ranked third in global searches.

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Shiba Inu’s Bullish Developments

The particular surge in interest in March was partly triggered by a cluster of bullish developments surrounding the asset. The majority of these developments pertained to Shibarium. Last month, several platforms were ready to support the L2 network upon launch.

March also saw the launch of the beta phase of the network, dubbed “Puppynet.” The testnet reached notable milestones shortly after its launch, with the most recent being a wallet count above 200,000 and over 2 million processed transactions.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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