Gushiken Yona
The Shiba Inu fever is taking the world by storm as global interest surges to unprecedented heights, driving record-breaking levels not seen since 2021 when it reached its all-time high price and made a lot of millionaires.
Over the past month, countries including the Netherlands, Pakistan, Slovenia, Canada, the United States, Switzerland, the United Arab Emirates, Austria, Belgium and Singapore have played significant roles in propelling Shiba Inu to its highest point in two years, based on Google Trends, a valuable tool that provides insights into the daily search queries made on the popular search engine.
Furthermore, in the past 30 days, trending queries associated with Shiba Inu encompass phrases such as “why is Shiba Inu going up,” “why is Shiba Inu going up today,” “Is Shiba Inu going up,” “Shiba Inu all-time high,” and “Shiba Inu ATH.” These search trends reflect the heightened interest and curiosity surrounding the cryptocurrency’s recent surge in value.
It’s worth noting that this month isn’t the first time Shiba Inu has seen heightened interest. Google Trends data from earlier this month revealed a surge in Shiba Inu’s popularity, reaching 21 points between March 3 and March 9. This marked a substantial increase from its score of 4 points between Feb. 18 and Feb. 24, highlighting a notable rise in interest and attention within a relatively brief period.
During this period, prominent countries displaying significant interest in Shiba Inu encompass Singapore, the United States, the Netherlands, Canada, and Belgium, among others. This underscores the widespread global interest and increasing prominence of SHIB across diverse geographical regions.
The surge in interest in the Shiba Inu token across countries worldwide to a two-year high over the past 30 days could be interpreted as a sign of growing curiosity, attention, and engagement with the cryptocurrency. This heightened interest may indicate increased awareness and participation in the Shiba Inu ecosystem, potentially driven by factors such as recent price movements, market trends, media coverage, and community activity.
It could also suggest a broader adoption and acceptance of cryptocurrencies, particularly altcoins like Shiba Inu, as part of the global financial landscape. The surge in interest across the globe could also be attributed to the ongoing meme coin craze.
During periods of heightened interest in meme coins, investors and traders often flock to these assets, attracted by the potential for quick gains and the excitement surrounding them. Shiba Inu, being a prominent meme coin, could be benefiting from this broader trend, with investors joining the frenzy and driving up its popularity and trading volumes. Furthermore, the meme coin craze tends to attract attention from a broader audience, including those new to cryptocurrency investing, further contributing to Shiba Inu’s increased interest across countries worldwide.
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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
