In a recent development, Shiba Inu has emerged as the second most sought-after cryptocurrency across Europe, surpassing notable contenders such as Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE). The surge in interest in Shiba Inu follows its remarkable rally of over 300% within just eight days, reminiscent of its impressive performance in 2021.
Unveiling SHIB’s Growing Popularity
The Shiba Inu ecosystem team took to X to showcase the burgeoning popularity of SHIB worldwide. According to disclosed data, Shiba Inu ranks second in cryptocurrency searches in Europe, trailing only Bitcoin (BTC), which garnered searches from over 21 European countries.
The data shows a surge in online searches for Shiba Inu across seven European countries, including Italy, Russia, and France. This places Shiba Inu ahead of Ethereum, Cardano, and Dogecoin, establishing its prominence in the European market.
Global Momentum for Shiba Inu
Shiba Inu’s growing popularity extends beyond Europe; increased Google searches have been noted in countries like Pakistan, the Netherlands, Slovenia, Canada, and Nigeria. Meanwhile, these regions have witnessed a surge in Shiba Inu-related queries, reflecting a growing global interest in the cryptocurrency.
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However, analysis of Google Trends data indicates that the most commonly searched phrases related to Shiba Inu include “Shiba Inu Coin Price,” “Shiba Inu Coin Prediction,” “Shiba Inu Coin News,” and “Shiba Inu Crypto.” This underscores the curiosity surrounding Shiba Inu’s price movements, predictions, and overall news.
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Over the past week, Shiba Inu’s global search popularity peaked on March 20, reaching a score of 100, before experiencing a slight decline to 63 the following day. Subsequently, the metric has shown a gradual climb, currently standing at 64 at the time of reporting.
Shiba Inu’s Triumph in the Meme-Based Cryptocurrency Realm
In a recent poll conducted by WazirX, Shiba Inu emerged as the top meme-based cryptocurrency with the strongest community on the X platform. Garnering 48% of the total votes, Shiba Inu surpassed competitors like Dogecoin, Floki Inu, Pepe, and Bonk.
In response to the poll results, the official Shiba Inu X handle asserted the supremacy of the SHIB community over other dog-themed cryptocurrencies, particularly Dogecoin and Floki Inu. Moreover, this statement reflects the community’s confidence and pride in their chosen cryptocurrency.
Through its rally, popularity, and community support, Shiba Inu cements its position as a major player in the cryptocurrency market, captivating global investors and enthusiasts.
