Google search trends show which topics people are most passionate about around the world. In recent years, they have shown that people are increasingly interested in blockchain-based applications. Recently, we used Google Trends to find out how popular Web3 and Bitcoin are around the world. Discover the results obtained.
Interest in bitcoin (BTC) shifts to Web3
According to the Google Trends platform, searches around the keyword “Web3” have recently increase on the Internet. Meanwhile, those related to the keyword “Bitcoin” have decreases in a drastic way since July 2022. This indicates that the crypto community, globally, has started to redirect its interest in bitcoin (BTC) to Web3 for several months.
The drop in research global bitcoin on google is likely due to the extended bear market. It must be said that currently, these searches are at their lowest level for more than a year. At the same time, Google searches for Web3 have been recurring throughout this year.
Concretely, from October 9 to 15, the interest for Web3 amounted to 72. During the same period, it was only 27 for Bitcoin. Yet, from June 12-18, it was at 100 for the flagship crypto.
Chinese more interested in Web3, Salvadorans more focused on flagship crypto
An in-depth analysis of Google Trends data indicates that there are more searches around Web3 in China than anywhere else. China is followed by Singapore, Nigeria, Hong Kong and Cyprus. For searches around Bitcoin, El Salvador ranks first. It is followed by: Nigeria, the Netherlands, Austria and Switzerland.
Thus, Nigeria is in the top three countries both on the list of those who search the most the term Web3 and on the list of those who search the most Bitcoin. This proves how much the Nigerian population is interested in these technologies. The government is also leading discussions with the Binance exchange for an economic zone favorable to cryptos.
Google Trends reveals that Web3 is currently more popular than bitcoin (BTC). In addition, it appears that Internet users are increasingly looking for the expression “Bitcoin dead”. This suggests that the bear market is worrying investors.
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