The Google search volume for "Bitcoin" has dropped to its lowest point of the year, while the search volume for "memecoin" has surged dramatically
According to reports, the Google search volume for "Bitcoin" reached its lowest point in a year during the week of October 12, 2024. Using 100 as a standard, by this weekend, global interest in this search term has dropped to just 33. Meanwhile, the search volume for "memecoins" was at 77% during the same period but has not yet broken through the historical high of 100 set in late October 2023. However, Ki Young Ju, CEO and founder of CryptoQuant believes that due to continued high market interest in these digital assets, by the end of October 2024 memecoin's search volume will return to its previous historic highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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