Top-Five Most Searched Cryptos in 2022
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Bitcoin seems old school, yet it is still the most Googled crypto in 2022 and maintains its leading position in the league of decentralization.
Cryptocurrencies have had quite a year with many events, some are good but most are onslaughts of hawkish FED and the collapses of many superstars — Sam Bankman-Fried & FTX, Do Kwon & Luna, Celcius Network, etc.
It is true that some people believe in the theory that there will be no future for cryptos. Yet, there are some spaces to fix the problems and even for growth. And cryptocurrencies still get the attention of the public.
According to Google Trends, the keyword “buy cryptocurrency” reached its lowest in February 2020. Yet, things get better in 2022 when Accenture’s 2022 Global Consumer Payments report states that crypto remains high. There are some reasons such as long-term investments (28%), curiosity (22%), short-term speculation (21%), and others.
This article walks you through five cryptocurrencies that have the most searches on Google this year. The statistic shows the power and attractiveness of these coins among crypto investors. Also, it can help you draw insights into the potential of crypto in 2023 based on the search demands.
Bitcoin (BTC) Remains the Top
According to DollarGeek’s research, Bitcoin (BTC) has still obtained the public’s attention when attracting 28.42 million monthly searches worldwide. It might be due to experts comparing Bitcoin to other crypto assets in the industry. Tim Draper, a venture capital investor, believes that weaker coins will collapse amid the crypto winter, which is an excellent move for Bitcoin growth.
The price of BTC drops nearly 65% YTD and some analysts forecast a further fall to $10,000. Yet, people are still interested in this coin and have the intention of buying BTC rather than selling it.
Dogecoin (DOGE) is the Runner-Up
Dogecoin attracts around 5.85 million monthly searches globally in 2022. It might get the spotlight as Elon Musk, who purchased Twitter and teased his followers that he would integrate DOGE payments for in-app payments.
However, it is not the entire story. Getting listed on Robinhood, a US-based commission-free trading platform brings traction to DOGE in the public eye.
While the price of Dogecoin decreases roughly 55% YTD, the internet search data suggests that its potential pool of buyers can be higher than the number of sellers.
Shiba Inu (SHIB) Sprints to the Third
Shiba Inu has attracted 4.43 million monthly internet searches worldwide, yet it beats the meme-coin DOGE in the U.S. with nearly 1.3 million monthly searches vs. DOGE’s 729,000.
SHIB’s rough drop to 75% YTD might not make it disappear in the news. As the foray into the metaverse and the potential launch of Shibarium — Shiba Inu’s Ethereum layer-2 blockchain keeps the light on this coin. Also, Crypto.com, a crypto exchange with the largest SHIB position as of Nov 2022, might become insolvent. This potential might keep people laying eyes on the next move of the Shiba Inu coin.
Ethereum (ETH) Comes to the Fourth
Ethereum has had 3.84 million monthly searches this year despite its losing price to 67% YTD. It still stays in the attention of investors and traders due to the switch to proof-of-stake (PoS) from proof-of-work (PoW) via the Merge.
Also, the traction comes from the concerns about the coin’s security after the PoS upgrade. Recently, Paxful, a crypto platform, eliminated support for ETH citing the same reasons.
Cardano (ADA) Finishes the Top Five
With 1.47 million monthly Google search in 2022, Cardano becomes the fifth-most searched crypto in the world. It picked up traction in Jan 2022 as ADA outcasted Bitcoin and Ethereum in terms of price. Yet, searches dropped as the Vasil hard fork in Sep failed to generate a spike in interest.
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