Dogecoin is the most Googled cryptocurrency in America, according to new research, with more than double the number of searches than Bitcoin.
Analysis revealed that Doge topped the search term charts in a total of 23 states including Illinois, Florida, Hawaii and New Jersey.
The surprising statistic is understood to be partially attributed endorsements by Elon Musk whose mischief on Twitter saw him flit crypto allegiances earlier in the year from Bitcoin to Dogecoin, as he announced Tesla would cease to accept BTC as payment before he publicly embraced DOGE.
READ MORE: Elon Musk’s crypto Twitter meddling
Research by financial advisor The Advisor Coach analysed Google Trends data to establish the cryptocurrency that each state wants to invest in based on searches.
Flagship cryptocurrency Bitcoin was the second most popular with ten states having the original digital asset at the top of their searches. Connecticut, Alaska, Mississippi, and New Hampshire had the most searches for Bitcoin.
The world’s second-largest cryptocurrency – Ethereum – received the third highest number of Google searches, with a total of eight states researching potential investment. Georgia, Louisiana, Virginia and Ohio were the Ether hotspots.
After making its crypto debut only 15 months ago, Shiba Inu appears to be the surprise package in the search figures. Astronomical growth of more than 14,000,000 per cent may be the driver behind the clamour for information in California, New York, Texas and Nevada where searches for SHIB were the highest.
Cardano and Lithium both picked up one state each as the top search. The people of Pennsylvania were keen to know more about $19.6m market cap LITH, while Cardano’s native ADA was a favourite in Colorado.
Commenting on the findings, 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 surpassing Bitcoin 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.”
