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Ethereum is the second most Googled Cryptocurrency in America

 

February 27, 2023 (Investorideas.com Newswire) New research has revealed the cryptocurrency that America is Googling the most with Ethereum taking the second spot behind Bitcoin.

The research conducted by cryptocurrency experts cryptomeister.com analyzed Google Trends data to establish the top five cryptocurrencies that each state wants to invest in based on searches.

Ethereum is the second most popular cryptocurrency in the United States, coming in second only to Bitcoin. However, when it comes to the state of Mississippi specifically, Ethereum falls to third place in terms of search popularity, behind both Bitcoin and Dogecoin. This data suggests that while Ethereum remains a highly searched cryptocurrency across the country, its level of interest may vary in certain regions. Nonetheless, Ethereum remains a significant player in the cryptocurrency market, with a growing number of investors and enthusiasts turning to the platform for its decentralized applications and smart contract capabilities. Ethereum was launched in 2015 by Vitalik Buterin, and has since become one of the most popular cryptocurrencies in the world. In terms of its current market position, Ethereum is currently the second largest cryptocurrency by market capitalization, with a total value of over $200 billion USD. Its price has seen significant fluctuations over the past year, reaching an all-time high of over $4,000 USD in May 2021 before dropping back down to around $2,000 USD in July 2021. However, its value has since rebounded, and Ethereum is currently trading at around $1,800 USD as of February 2023.

Commenting on the findings, a spokesperson for cryptomeister.com said: "The rise in cryptocurrencies has been enormous in recent years, with more and more people looking to invest in them. This study highlights that Bitcoin and Eretheum's popularity among cryptocurrencies remains supreme, despite the emergence of 'memecoins' and other contenders."

The study was conducted by cryptomeister.com, a leading digital media company that provides news, market analysis and investor insights focused on cryptocurrency.

credit to https://cryptobetting.org/

Sources: Google Trends

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