bitcoin
bitcoin

$101232.538101 USD

-2.41%

ethereum
ethereum

$3667.996059 USD

-4.51%

tether
tether

$0.999732 USD

-0.01%

xrp
xrp

$2.343146 USD

-6.39%

bnb
bnb

$699.908558 USD

-1.19%

solana
solana

$207.961563 USD

-4.29%

dogecoin
dogecoin

$0.362007 USD

-6.07%

usd-coin
usd-coin

$1.000368 USD

0.04%

cardano
cardano

$0.979721 USD

-4.26%

tron
tron

$0.262466 USD

-3.62%

avalanche
avalanche

$42.720535 USD

-8.26%

chainlink
chainlink

$24.565103 USD

-9.72%

shiba-inu
shiba-inu

$0.000024 USD

-5.76%

toncoin
toncoin

$5.455417 USD

-5.32%

sui
sui

$4.378734 USD

-2.86%

Cryptocurrency News Articles

Google Trends Reveal XRP Search Popularity Reached a Perfect Score of 100

Dec 19, 2024 at 07:00 am

As Bitcoin [BTC] dominates headlines with its record-breaking surge to $107,000, another cryptocurrency is also making waves in the digital asset space.

Google Trends Reveal XRP Search Popularity Reached a Perfect Score of 100

As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge to $107,000, another cryptocurrency is also making waves in the digital asset space.

According to Google Trends, XRP has seen unprecedented interest, with its search popularity reaching a perfect score of 100. This marks a new all-time high (ATH) for the altcoin, showcasing the growing curiosity and attention around it.

For context, Google Trends has emerged as a vital metric across industries, including cryptocurrency, reflecting public interest in real time. From 1st to 7th December, XRP’s score surged to a remarkable 100. This signifies a significant leap from its previous week’s score of just 42.

Moreover, this spike coincides with XRP’s price increase following the U.S. presidential elections, capturing the public’s attention. Meanwhile, Bitcoin’s rally above $100,000 earned it a score of 75, while Ethereum (ETH) lagged with a modest score of 22.

That being said, XRP has recently garnered significant attention following its impressive rally that pushed its price near $3. This led to the altcoin briefly increasing its market cap above $150 billion, securing its position as the third-largest cryptocurrency globally.

However, despite this remarkable surge, a closer look at Google Trends data reveals a sharp decline in public interest. Notably, XRP’s score plummeted from a peak of 100 to just 47 at press time. This steep drop aligns with the coin’s price stabilization, suggesting that the heightened interest was primarily driven by the rally rather than sustained market enthusiasm.

Additionally, XRP’s recent dip to $2.57 also reflected a 3.62% decline over 24 hours as per CoinMarketCap. Yet, the optimism surrounding the token remains robust due to favorable developments, such as the planned launch of the RLUSD stablecoin, which has sparked significant attention.

Furthermore, the ongoing discussions around the potential release of Ripple-affiliated ETFs continue to sustain market enthusiasm, positioning XRP as a cryptocurrency to watch in the evolving digital asset landscape.

News source:eng.ambcrypto.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 19, 2024