Shiba Inu is now the most popular cryptocurrency in the U.K., according to a report by askgamblers.com that analyzes Google Trends data over the last year to find out what the most popular crypto assets in the U.K. and Europe are.
Shiba Tops in the U.k. While Bitcoin Remains the Most Popular Cryptocurrency in Europe
While bitcoin (BTC) was the top crypto across Europe, Shiba Inu (SHIB) is the most popular cryptocurrency in the U.K., according to the gathered Google searches. Furthermore, the meme token SHIB experienced a significant increase in popularity during the last 12 months.
Moreover, the study reveals that SHIB dominates six countries and the United Kingdom. In fact, SHIB has gained huge traction in Russia, France, Spain, Ukraine, Italy, Hungary, and Switzerland, as per GT searches.
Other High Ranking Cryptocurrencies According to the Study
Furthermore, according to the study, Ethereum (ETH) sits comfortably in the third most popular, commanding Sweden, Czechia, Latvia, and Slovenia. Then cardano (ADA) held the fourth position based on GT search data, as the project has seen a lot of interest from Andorra, the Netherlands, and Bulgaria. Finally, with dogecoin (DOGE) being the most popular in the U.S., it is the fifth in Europe, as the meme crypto is popular in Albania and Greece.
“With 38 million crypto users in Europe, and thousands of cryptocurrencies on the market to choose from, it is fascinating to see which one people are the most interested in investing in,” a spokesperson from askgamblers.com told Bitcoin.com’s newsdesk. “Although bitcoin is the most popular overall, the interest in Shiba Inu has grown to surpass bitcoin in major countries such as Russia and the U.K.”
Also, SHIB’s popularity in the U.S., according to the data in that specific report, was ranked the fourth most popular crypto in the country.