Despite the bear market, interest in cryptos is not waning. Millions of users are preparing for an eventual market recovery. Investors need to be better prepared to avoid being affected again, as is currently the case. This requires further research into digital assets.
A special focus on dogecoin (DOGE)
Turkey is the second country with the highest proportion of the population researching cryptos online. It comes after the Netherlands, where 8.2% of the population is interested in cryptos. As for the transcontinental country, 5.5% do this research. This is indicated by a report from the CryptoManiaks education platform. Information was collected over a monthly period, throughout the year. Thanks to this information, it is known that the Turks made more than 4.7 million searches in this direction.
It must be emphasized that the cryptos covered by the study are among others bitcoin (BTC), Solana (SOL) and BNB. Germany, Canada and the Czech Republic follow the Netherlands and Turkey in order.
The document states that globally, the proportion of Turks researching dogecoin (DOGE) is the highest in the world. In total, there are 812,000 monthly average searches for Elon Musk’s favorite crypto. This is almost double that of ether (ETH), the third most searched crypto online in the country.
According to a CryptoManiaks spokesperson, “The popularity of Dogecoin has surpassed that of Ethereum in a significant number of countries. In particular, there are nearly 2 million additional monthly searches worldwide for the token.. The study also read that DOGE remains a popular asset and cultural phenomenon, since its adoption by Elon Musk.
Although the US and the UK are major players in the global crypto industry, neither of them made it to the top spots in the rankings. The US ranks 15th with 1.9% of the population researching cryptos, while the UK ranks 12e up with 2.6%.
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