US’s most-Googled crypto is Dogecoin (DOGE)
Of 50 states comprising the US, 23 Google Dogecoin (DOGE) the most
Dogecoin (DOGE) is the most-Googled crypto in the US, according to financial adviser business, The Advisor Coach, who analysed Google Trends data to discover which is the most-Googled crypto in each US state.
Out of the 50 American states, 23 Google dogecoin the most. The states that ranked high in DOGE searches include Illinois, Florida, Hawaii and New Jersey.
This will be positive news for Tesla CEO Elon Musk, who was named the unofficial CEO of dogecoin in a 2019 Twitter poll. Musk beat other crypto luminaries such as Vitalik Buterin, co-founder of ethereum (ETH), Charlie Lee, creator of litecoin (LTC) and Marshall Hayner, CEO of Metal Pay, to receive the unofficial position.
In August, the Dogecoin Foundation was re-established with the addition of two new advisers – Jared Birchall, who represents Musk and is managing director of Musk’s Family Office, and Buterin, who is listed as a blockchain and crypto adviser. Birchall is listed as a legal and finance adviser.
The non-profit organisation was first set up in 2014, but became inactive over time and eventually dissolved. The foundation was established to provide “support for the crypto through development and advocacy”, to prevent abuse and fraud of the crypto, and to provide a “roadmap and governance” for dogecoin‘s future.
Bitcoin was the second-most popular
The results showed bitcoin (BTC) was the second-most popular crypto in the US, being the most-Googled digital asset in 10 US states, including Connecticut, Alaska, Mississippi and New Hampshire.
Ethereum (ETH) is the most-Googled crypto in eight US states, including Georgia, Louisiana, Virginia and Ohio.
Just one state, Colorado, showed a preference for Cardano (ADA), currently number 5 on Forbes’ ‘Top 10 cryptocurrencies in November 2021’ list.
Cryptos’ increasing popularity
A spokesperson for The Advisor Coach said: “The rise in cryptocurrencies has been enormous over the last year, with more and more people looking to invest in them.
“This study offers incredible insight into where these investments are coming from across the US, with dogecoin (DOGE) surpassing bitcoin (BTC) as the most popular cryptocurrency on the internet.
“With more than 6,500 cryptocurrencies available globally, it is fascinating to see currencies that may not be the most valuable are still the most sought after.”