Cryptocurrencies Dogecoin and Ethereum Climb into the Top 10 Most Popular Search Topics on Google
In a remarkable turn of events, Dogecoin and Ethereum have taken the digital world by storm, securing top spots on Google's most searched terms list for cryptocurrencies in 2021.
The meteoric rise of these digital currencies can be attributed to a variety of factors. For Dogecoin, the involvement of Tesla CEO Elon Musk played a significant role. Musk, known for his active presence on social media, regularly promoted Dogecoin throughout the year. His endorsements ranged from posting about the meme-inspired cryptocurrency on social media to suggesting its integration into companies like X (formerly Twitter).
Musk's influence extended beyond Twitter, as he enabled Dogecoin payments for certain Tesla products and caused a significant hype and price surge for related tokens like "Baby Doge" with a tweet in July 2021.
Ethereum, on the other hand, gained popularity due to the large number of NFT (Non-Fungible Token) and DeFi (Decentralised Finance) projects built on its blockchain. This growth in usage led to a surge in interest and search volume for Ethereum.
In Google Trends' 'Year in Search 2021' list, Dogecoin secured fourth place, while Ethereum ranked tenth in the most searched news category. Interestingly, neither of these cryptocurrencies appeared on the trending list in Google Trends in 2020, highlighting their rapid rise in popularity this year.
The sudden spike in Ethereum's price and share in the crypto market is a clear indication of its growing popularity. Similarly, Dogecoin surpassed Bitcoin in terms of most searched keywords on Google in 2021, becoming the fourth most popular news on the platform.
Google Trends also listed Dogecoin as the fourth most trending news globally and separately in the United States in the news category. Furthermore, Dogecoin and Ethereum were the only cryptocurrencies in the top 10 most searched terms on Google in 2021.
Arkham Intelligence ranked Robinhood as the fifth largest Ethereum holder, further underscoring the digital currency's growing influence. Google Trends listed news related to the query 'Ethereum Price' as the tenth most trending news in the news category, adding to the evidence of Ethereum's surge in popularity.
In conclusion, the significant placement of Dogecoin and Ethereum in the top-searched news this year signifies a huge progress in their popularity. As these digital currencies continue to evolve and gain traction, it will be interesting to see how they shape the future of the cryptocurrency market.
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