Dogecoin and Ethereum have been included among the top-ten most-searched terms on Google in 2021. Towards the end of every year, Google publishes the names of the top searches made.
On Tuesday, Google included Dogecoin and Ethereum price as some of the top searches this year.
Dogecoin and Ethereum make it to top-10 Google searches
According to the Google Trends data termed “Year in Search 2021”, Dogecoin ranked as the fourth-most searched news term on the search engine in 2021. Dogecoin ranked as the fourth most searched term in the US and globally.
On the other hand, the news search term “Ethereum Price” ranked the tenth most searched on the search engine.
The two cryptocurrencies joined other popular search terms this year, which have been attributed to different occurrences. The other most-searched terms on Google in 2020 include Afghanistan, MAC stock, COVID-19 vaccine, stimulus check, GME stock and other terms.
This is a major growth for the crypto sector because the Google Trends report in 2020 did not feature any cryptocurrency. Despite Bitcoin’s gains in 2020, the coin did not emerge among the top searched terms in 2021 either in the United States or globally.
Ethereum has outperformed the performance of Bitcoin in both 2020 and 2021. The token’s yearly gains have allowed it to increase its dominance in the market, and its total market capitalization carries 20% of the entire market.
Dogecoin’s popularity grows in 2021
Dogecoin is a meme token that was launched in 2013. The meme token is now one of the most successful cryptocurrencies in the market. Earlier this year, Dogecoin entered into the top-10 largest tokens in the market by market capitalization.
The price of Dogecoin has made staggering gains this year, which has also been attributed to the recent meme coin craze. The gains made by Dogecoin have been largely attributed to Elon Musk, Tesla’s CEO, who has been promoting the meme token in 2020.
Dogecoin’s price has gained by over 5000% over the past year. This is a major gain compared to Ethereum that has only gained by 632% during the same period. Bitcoin has only gained 160% annually.
Your capital is at risk.
Read more:
Credit: Source link