In 2013, Billy Markus and Jackson Palmer made history by creating the blockchain’s very first meme coin, dubbed Dogecoin. Today, this cryptocurrency continues to stand tall among conventional giants like Bitcoin, Litecoin, and Ethereum, and plenty of other meme coins have also made it to the blockchain. One of the newest such coins, Pepe, has taken the online blockchain sphere by storm. Interested in examining the popularity of this genre of cryptocurrencies in the US, our team at TradingPedia set out to find which of the large-cap meme coins are searched the most on Google.
Methodology
Our team selected the 10 meme coins with the largest market capitalization as of May 30, 2023, as seen in the memes section at CoinMarketCap. We then ranked the said cryptocurrencies based on their total search volume index in the US for the past 30 days, and for this purpose, we utilized Google Trends. We only factored in the search term of each currency.
The tool assigned each search term an index score of 0 to 100 based on its search volume for that specific day in comparison to the rest of the keywords. By summing up these figures, we calculated the total search volume of each meme coin for the past 30 days. We also used Google Trends to look up each currency’s interest by sub-region to find out in which state a given meme coin is the most popular. Finally, we examined the coins’ performance in the last 12 months in order to note peaks of interest.
The Most Searched Meme Coins in the US
Pepe
Pepe is, by far, the most popular meme coin in our ranking, with a total search interest of 725. The meme coin is, at the time of writing, in its infancy–it launched on April 17, 2023. By the end of April, it had actually managed to overtake Dogecoin in terms of searches, which is a massive feat. Pepe’s daily interest score peaked at 100 on May 5, 2023, and the data suggests that Wyoming netizens have a particularly strong interest in Pepe. The rest of May has not been as kind to this currency, however, as it was overtaken by Dogecoin on May 17 in terms of its search index for that day.
Dogecoin
Dogecoin takes the second spot, seeing as, according to our data, it boasts a total search volume of 629. As established, however, Dogecoin did manage to outperform Pepe in mid-May, which shows that this legendary meme coin’s popularity is still going strong. Curiously, there was a notable spike in searches in early April compared to the rest of the year, which can be attributed to Elon Musk changing Twitter’s blue bird logo to Doge. The search data also shows that Dogecoin is the most popular in Wyoming out of all US states.
Shiba Inu
Shiba Inu is a fairly young meme coin that was released in 2020. Hosted on the Ethereum platform, Shiba Inu is considered a rival of Dogecoin, and it is certainly among the most beloved meme coins out there. In the past weeks, the Shiba Inu currency has been googled enough for its total search interest to reach 254. It seems that the state most fond of this meme coin is Montana. In addition, the coin’s best month popularity-wise was August of last year. This can be linked to Shiba Inu’s sudden price surge that took place at the time.
Floki Inu
It seems that crypto enthusiasts simply cannot get enough of currencies that feature Shiba Inu mascots. Launched in 2021, Floki Inu is an Ethereum-based cryptocurrency that ranks fourth, with a search volume index of 26 in total. As for its performance throughout the year, a surge in interest can be observed in February 2023. This was likely a result of a tweet by Elon Musk, in which the entrepreneur declared Floki, his Shiba Inu pet dog, the new CEO of Twitter. Google Trends also showed us that Delaware is the state where Floki Inu has been looked up the most.
Baby Doge
Most of the meme coins we have covered thus far have been, in one way or another, inspired by man’s best friend. Baby Doge is no exception. This is a cryptocurrency that can easily be described as wholesome, thanks to its adorable mascot and the Baby Doge community’s dedication to charity.
This youngster of a currency still has ways to go before it can catch up to its elders in the crypto sphere, however. Baby Doge searches have resulted in a total search volume of 10, placing the meme coin last in our ranking. It seems that netizens in Nevada are the biggest Baby Doge enthusiasts in the US, according to Google Trends.
Conclusion
The cryptocurrency landscape is ever-changing, and meme coins have piqued the curiosity of many blockchain enthusiasts on the web. Although Dogecoin has remained the dominant meme coin for quite some time now, Pepe is, evidently, a force to be reckoned with. It remains to be seen whether the new cryptocurrency will be able to keep this momentum up, but it is nonetheless undeniable that Pepe has become an overnight success.
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