Cryptocurrency experts from Marketplace Fairness point out that although it is not the best year for the cryptomeme, its popularity keeps it sixth in the world.
Cryptocurrency’s Favorite Meme Elon Musk, It lost close to 9% of the market and its drop so far this year exceeds 12%. Despite this, DOGE continues to be one of the largest cryptocurrencies in the world as it ranks sixth by market capitalization. Despite his bad streak, the latest data show that he is still one of the digital assets More popular.
According to a study carried out by cryptocurrency experts from Marketplace Fairness, DOGE has been the second ‘altcoin’ most wanted in the world only behind ethereum (ETH). The largest ‘altcoin’ in the world, created in 2015, received around 3,260,000 monthly searches.
Specifically, the cryptomeme It was searched around 1,660,000 times on Google monthly, placing itself ahead of others such as Ripple (XRP, 1,250,000 monthly searches), Shiba Inu (SHIB, 678,000 monthly searches) or Cardano (ADA, 6777,000 monthly searches).
Dogecoin-generates-danger-in-investors.jpg
What are the most sought after cryptocurrencies?
Solarium (SOL, 542,000), EOS (329,200), Litecoin (LTC, 328,000), the stablecoin Tether (USDT, 193,000) and polkadot (DOT, 183,000) complete this particular ranking.
“Althoughand bitcoin (BTC) It is undoubtedly the cryptocurrency par excellence, there is still a wide range of cryptocurrencies, many of which are on the rise. ‘Memecoins’ like DOGE can often be quite volatile in the market, so it will be interesting to see how the global popularity of these currencies is compared to their value as the world of cryptocurrencies changes,” the firm explains.
The canine-themed token rebounded strongly last July when it temporarily replaced the logo of Twitter (old X). Likewise, the ‘Reuters’ agency reported last March that Elon Musk, owner of pyramid scam to artificially inflate the value of the canine-themed token.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
