Dogecoin seals the first spot as the most googled cryptocurrency in the U.S.

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A press release by Bacancy Technology reveals that Dogecoin (DOGE) is the United States’ most popular cryptocurrency in terms of Google searches.

Bacancy Technology was showcasing its study on Google cryptocurrency search data.

Dogecoin’s sedentary behavior relative to its rival Shiba Inu has made market pundits comment that it is fading like sands of time. However, the recent reveal locked all these rumors.

Bacancy Technology is an Indian software development company headquartered in Gujarat, India, with offices in Canada, Australia, the U.S., Sweden, and UAE. The company creates and offers customized full-stack software to businesses to help them transform their digital functions.

The recent study by the company was a part of its research on Google search data.

Dogecoin up by 16% in a month

Dogecoin rose from $0.20 to this month’s highest point, $0.28, and is currently trading around $0.23. It has surged by 25000% from January to May in 2021. However, the May market crash pulled down the coin back to the $0.16 level. 

Dogecoin
Chart and data from TradingView

Following the arrival of bulls in “Uptober,” it has risen by more than 15%. However, it seems to be showing a stagnant attitude compared to other meme coins, especially Shiba Inu, whose price has surged by more than 600% in less than 30 days.

But is the legacy of DOGE over now? Well, the report suggests it is not. With the massive support of “Dogefather” and Tesla founder Elon Musk, DOGE has always been the favorite meme coin among people. Musk keeps on posting DOGE-related tweets to motivate his followers and DOGE’s community.

Dogecoin currently has a market cap of $30.8 billion and sits at 10th position in the whole crypto market. SHIB, however, with a market cap of $21.1 billion, is also not behind and is sitting at 11th position.

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