Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm
- Google Trends data shows altcoin search interest has reached a record high, with a score of 100.
- XRP, XLM, BNB, and TRX have seen explosive growth, with XRP and XLM up 450% month-to-date.
- Retail investors are driving the surge in altcoin popularity, helping push crypto prices higher.
As the altcoin season gradually takes shape amid Bitcoin’s price stability around the $97K level, global interest in “altcoins” is now reaching a fever pitch. Data from Google Trends shows that searches for “altcoins” have reached the highest possible popularity score of 100 within the first four days of December.
Historical Trends in “Altcoin” Popularity
In November, search interest in “altcoins” initially climbed to a score of 93, then dropped to 56 mid-month. This mirrored the crypto market’s reaction to Donald Trump’s November 5 presidential victory announcement, which coincided with Bitcoin’s all-time high.
Despite a temporary cooling period, altcoin-related searches rebounded alongside Bitcoin’s stabilization in the $90,000 range. Even when Bitcoin reached a peak in March, with some altcoins following suit, the search interest in altcoins was at a score o…
The post Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm appeared first on Coin Edition.
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Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm
- Google Trends data shows altcoin search interest has reached a record high, with a score of 100.
- XRP, XLM, BNB, and TRX have seen explosive growth, with XRP and XLM up 450% month-to-date.
- Retail investors are driving the surge in altcoin popularity, helping push crypto prices higher.
As the altcoin season gradually takes shape amid Bitcoin’s price stability around the $97K level, global interest in “altcoins” is now reaching a fever pitch. Data from Google Trends shows that searches for “altcoins” have reached the highest possible popularity score of 100 within the first four days of December.
Historical Trends in “Altcoin” Popularity
In November, search interest in “altcoins” initially climbed to a score of 93, then dropped to 56 mid-month. This mirrored the crypto market’s reaction to Donald Trump’s November 5 presidential victory announcement, which coincided with Bitcoin’s all-time high.
Despite a temporary cooling period, altcoin-related searches rebounded alongside Bitcoin’s stabilization in the $90,000 range. Even when Bitcoin reached a peak in March, with some altcoins following suit, the search interest in altcoins was at a score o…
The post Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm appeared first on Coin Edition.
Read More