Despite the bear market, interest in cryptos is not waning. Millions of users are preparing for an eventual market recovery. Investors need to be better prepared to avoid being hit again, as is currently the case. This requires further research on digital assets.
A Special Focus on Dogecoin (DOGE)
Turkey is the second largest country with the highest percentage of population researching cryptos online. It comes after the Netherlands, where 8.2% of the population is interested in cryptos. 5.5% of transcontinental countries conduct this research. This is indicated by a report from the CryptoManiaks educational platform. Information was collected over a monthly period throughout the year. Thanks to this information, it is known that the Turks made more than 4.7 million searches in this direction.
It must be emphasized that the cryptos are covered by the study are among others the Bitcoin (BTC), Solana (SOL) and BNB. Germany, Canada and the Czech Republic follow in turn the Netherlands and Turkey.
The document states that the proportion of Turks researching Dogecoin (DOGE) is the highest in the world. Overall, there are an average of 812,000 searches per month for Elon Musk’s favorite crypto. That’s almost twice as much as Ether (ETH), the third most popular online crypto in the country.
According to a CryptoManiaks spokesperson “Dogecoin’s popularity has surpassed that of Ethereum in a significant number of countries. Notably, there are nearly 2 million additional monthly searches worldwide for the token.. The study also states that DOGE remains a popular commodity and cultural phenomenon since its acquisition by Elon Musk.
Although the US and UK are major players in the global crypto industry, neither of them have made the top spots in the rankings. The US ranks 15th with 1.9% of the population exploring crypto while the UK ranks 12the increased by 2.6%.
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Far from dampening my enthusiasm, an unsuccessful cryptocurrency investment in 2017 only heightened my enthusiasm. I therefore decided to study and understand the blockchain and its many uses and use my pen to share information related to this ecosystem.