The most Googled Cryptocurrencies in California revealed.
- Bitcoin is the cryptocurrency searched for the most in California.
- Ethereum ranks as being the second most searched cryptocurrency in California.
- XRP rounds up the top five as the fifth most searched cryptocurrency in California.
New research has revealed the cryptocurrency that California is Googling the most with Bitcoin taking the top spot.
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.
The analysis revealed that Bitcoin had the highest number of searches in California. Bitcoin was the coin that put cryptocurrencies into the mainstream, and is by far the most popular coin, not just in California but across the U.S.
Ethereum is the second most popular cryptocurrency in California. The cryptocurrency is also second to Bitcoin in market capitalization. It was initially released in 2015 and it placed second in cryptocurrencies attracting interest from Californians.
Dogecoin is the third most searched cryptocoin in California. Initially being released in 2013, the cryptocoin reached a market capitalization of over $85 billion as of May 2021. Dogecoin has been endorsed by Elon Musk numerous times in the past which has contributed to its ranking on this list.
Shiba Inu ranks as the fourth most searched cryptocurrency by Californians. Its initial release was in 2020 and its market capitalization is valued at $12.5 billion.
Rounding up the top five is XRP, with it being ranked number five in searches in forty-one states including in California. XRP’s market capitalization is valued at $20.04 billion.
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’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.