Americans lead the Memecoin craze in 2023 (study)

Americans lead the Memecoin craze in 2023 (study)

According to the Coingecko research, the inhabitants of the United States seem most interested in memo coins such as Dogecoin (Doge), Shiba Inu (Shib), Floki Inu (Floki) and Pepe. In places two and three follow India and the United Kingdom.

Although Doge is the first Memecoin, he has lost his leading position in numerous countries. Morocco is the only nation in the top 10 in which Elon Musk's dearest digital asset has sparked the greatest interest.

The trends this year

Study by Coingecko that over 23 % of worldwide interest in Memecoins comes from the USA. The most popular asset for locals is Shiba Inu (60.7 %), followed by Pepe Coin (11.8 %), Bonk and Volt Inu.

Indian are at the top with 20.3 % of the total trend. Shiba Inu is once again the token that arouses the greatest interest while Baby Doge Coin comes in second place.

The United Kingdom-the only representative from Europe on the top 10 list-ranks in third place and accounts for about 16 % of the global interest in memoins. However, Coingecko has not explained which assets are the most popular for British.

Floki Inu (floki), which has risen by over 300 % since the beginning of the year, another coin is fascinating people. In fact, it is the most interesting in the Philippines and in Nigeria.

Pepe-the latest sensation in the cryptoscap-reaches the top in Canada and makes up almost 27 % of local interest. It saw the light of the world in mid-April and its market capitalization reached almost $ 1 trillion this week.

Dogecoin-the cryptocurrency, which was created as a joking in 2013-seems to have lost ride this year. It receives 61.1 % of the shares in Morocco, which makes the African nation the only one in which Musk's favorite token climbs up in the ranking.

Doge increases despite the declining interest

While investors seem to have new favorite memoins, Doge remains a fundamental member of the pack. Its price has increased by 11 % since the beginning of the year, and it still has a place in the top 10 largest cryptocurrencies after market capitalization.

Elon Musk was a frequent player in the dog scene. The South African entrepreneur, who had taken over Twitter last year for $ 44 billion, temporarily changed Preserver-Spaces = "True"> last month transformed the logo of the social media platform into a picture of the notorious memes. The digital asset rose by 25 %in the following hours.

It is not considered a surprise when Dogecoin will increase strongly in the future when you consider that Musk's plans will do this at some point spanserver-spaces = "true"> integrate Twitter.

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