$SHIB is the most searched altcoin in Europe, $ADA was the most searched crypto in 3 EU countries, according to a report
A recently published study has shown that meme-inspired cryptocurrency Shiba Inu ($SHIB) and smart contract platform Cardano ($ADA) are among the most Googled cryptocurrencies across Europe, outpacing competitors with larger market capitalization.
While the top five cryptocurrencies by market cap, excluding altcoins, are Bitcoin ($BTC), Ethereum ($ETH), BNB ($BNB) and XRP ($XRP), these were not the five most searched cryptocurrencies on Google in Europe, at least not in that order.
A study conducted by Ask the players revealed that Bitcoin is the most searched cryptocurrency in Europe, with 21 countries searching for BTC more than any other cryptocurrency. These include Germany, Poland and Belgium.
The Shiba Inu meme-inspired cryptocurrency ($SHIB) came in second, with seven countries seeking it more than any other digital asset. SHIB’s lead came from countries like the UK, Russia, France and Italy.
Last year, Shiba Inu was notably the third most searched cryptocurrency on Google according to another study, behind Bitcoin and Ethereum. The study was conducted based on average services per month on top searches in a country.
Ethereum came in third place, with four countries making it the third most searched cryptocurrency. Cardano ($ADA) came in fourth place, with the Netherlands, Bulgaria and Andorra preferring it over its competitors.
The study also revealed that Dogecoin ($DOGE) was the fifth most searched cryptocurrency in Europe, leading the searches in Greece and Albania. Notably, neither BNB nor XRP conducted research in a single country in Europe.
The study was conducted using data from Google Trends, which does not show specific search numbers, but provides an index showing interest in specific search topics and allowing users to gauge their popularity by compared to other research.
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