New reports using search volume data have shed light on the most popular cryptocurrencies in America. While Bitcoin is at the top of the list, DOGE and SHIB are giving surprising results.
Here are the most popular cryptocurrencies in America
1-) Bitcoin – 1,910,000 monthly searches
Bitcoin has emerged as the most popular cryptocurrency in America. BTC was the first decentralized digital currency. It has gained immense popularity around the world in the last 5 years. Bitcoin has captured the imagination of individuals, investors, and institutions as they realize its potential to revolutionize traditional financial systems and reshape the future of money.
2-) Shiba Inu – 484,000 monthly searches
The Shiba Inu has gained a huge amount of popularity in the crypto world thanks to its brand and enthusiastic community. Notorious for its resemblance to “Doge,” Shiba is a community-focused cryptocurrency. SHIB stands out for its low price and wide circulating supply. This makes it an accessible investment option for many. The Shiba Inu’s popularity is also due to its potential for significant price volatility, which attracts investors and speculators looking for quick gains.
3-) Dogecoin (DOGE) – 280,000 monthly searches
Dogecoin is the first meme coin. However, it turned into a cultural phenomenon in the following years. DOGE also often has celebrities supporting it on their social media platforms. Elon Musk is one of the biggest names to show his support for crypto. Despite its initial satirical origins, Dogecoin has managed to capture the imaginations of millions. It has become a symbol of the growing acceptance and mainstream recognition of cryptocurrencies. cryptocoin.comAs we have reported, Musk also included Doge in a tweet yesterday.
Doges ftw pic.twitter.com/bl0trQ7BdU
— Elon Musk (@elonmusk) July 19, 2023
4-) Ethereum – 238,000 monthly searches
Another altcoin, Ethereum, is a decentralized Blockchain platform known for its smart contract functionality that allows developers to build and deploy decentralized applications (DApps). Its popularity is due to several factors. First, Ethereum introduced the concept of programmable Blockchain, which allows developers to create innovative applications and digital assets on its platform. This flexibility and versatility has attracted a broad community of developers, entrepreneurs, and investors, particularly by fostering a vibrant ecosystem of projects and services.
Additionally, Ethereum’s native cryptocurrency, Ether (ETH), is one of the largest and most widely recognized cryptocurrencies not only in America but worldwide.
5-) Cardano – 118,000 monthly calls
Known for its innovative technology and scientific approach, Cardano has attracted the attention of both investors and enthusiasts. What sets Cardano apart is its commitment to peer-reviewed research and rigorous academic principles that ensure every aspect of the platform is well thought out and thoroughly tested.
ADA has experienced a significant increase in value, attracting a large user base and solidifying Cardano’s position among the top cryptocurrencies.
6-) Ripple (XRP) – 92.000 monthly searches
XRP, also known as Ripple, is quite popular in the crypto world. Its popularity can be attributed to several factors. First, XRP offers fast and low-cost international transactions. This feature makes it an attractive option for cross-border payments. Blockchain technology eliminates the need for traditional middlemen. This reduces transaction fees, allowing for near-instant settlement.
Second, XRP has partnered with numerous financial institutions and banks around the world. These partnerships facilitate the integration of XRP into existing financial systems. In the meantime, let’s mention that the SEC lawsuit, which has been going on since 2020, was concluded in favor of Ripple last week.
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to today’s decision – one that is for all crypto innovation in the US. More to come.
— Brad Garlinghouse (@bgarlinghouse) July 13, 2023
7-) Uniswap – 87,000 monthly searches
Uniswap works without intermediaries, unlike traditional exchanges. This allows users to trade directly from their wallets. The platform uses an AMM model based on liquidity pools rather than order books. Users can contribute their crypto assets to these pools and earn fees in return.
Additionally, Uniswap is at the forefront of the DeFi industry, allowing users to access a wide variety of tokens and participate in a variety of DeFi protocols. Overall, Uniswap’s simplicity, transparency and ability to provide liquidity have contributed to its widespread popularity, especially in the cryptocurrency space.
8- ) Pepe – 85,000 monthly searches
Pepe Coin is the most popular meme project of recent times. It has caught the attention of internet communities because of its iconic logo. Meme culture and online communities have rallied around Pepe, building a strong and passionate user base. Overall, the unique combination of Blockchain technology, meme culture, and a dedicated community has propelled Pepe Coin to its current popularity.
9-) Solana – 76,000 monthly searches
Solana is known for its high scalability, speed and low transaction costs. At the same time, it has emerged as the biggest competitor in the world of DeFi and decentralized applications (dApps). Its unique architecture with proof-of-history consensus mechanism allows for incredibly fast transaction processing. It also confirms transactions in seconds. This efficiency has attracted a large number of developers and investors, which has led to the rapid growth of the Solana ecosystem.
10-) TRON – 75,000 monthly searches
Launched by Justin Sun in 2017, TRON aims to revolutionize the entertainment industry. TRON’s popularity stems from its ability to offer high transaction speeds and low fees compared to other major projects. The partnerships of the platform, which focuses on DApps, with the leading companies of the entertainment industry, increased its popularity even more. As a result, TRON appeals to a strong following. It is also emerging as a leading player in the crypto industry with a growing user base.
