In the last year, the cryptocurrency market has had an astronomical growth in Brazil and Ethereum is the second most searched currency on the internet, second only to Bitcoin.
Certainly investing in cryptocurrencies is a good form of alternative investment from the traditional models that we already know about applications.
The main cryptocurrency that exists today and that has been around for a while is Bitcoin.
It is the currency that arouses the greatest interest among investors and has the highest search on the internet according to a survey by Bitcoin Trade, a cryptocurrency platform.
Google data reveals that in the period July 13-28, 2021, Bitcoin corresponds to 63.8% of searches in the Google search share.
This is much more than the other Cryptocurrencies active in the national and international market.
But, it’s not just Bitcoin that has stood out with searches, altcoins that are alternative cryptocurrencies to Bitcoin also stand out.
And, according to this survey made by Bitcoin Trade with data from Google revealed that among the 30 most searched coins.
Ethereum is the second most searched currency on the internet, second only to Bitcoin
Ethereum represents the 10.2% share of these searches, making it the most popular altcoin in these more recent searches.
The position of this Cryptocurrency before the market reflects this interest of users and investors in it. Or vice versa.
Since Ethereum is the second most traded cryptocurrency in the world.
The behavior of users will always reveal trends in the cryptocurrency market.
Certainly Brazilians, like any other nation, consult the internet daily to base their decisions and choices.
And when it comes to investments, whether in Trader, B3, Real Estate, or any other type of assets, it would be no different.
For this reason these searches along with Google data are very important.
Well, they reveal the movement of alternative Cryptocurrencies to Bitcoin and show more clearly which one can “Hypar” in the following days.
A tip, feel free to use Google's tool, "Google Trends" to make search term comparisons.
With this tool you can compare the search volume of one cryptocurrency against another.
That way, you'll know which ones are most in demand at the moment and you'll be able to take the next step more correctly and with less risk.
You are reading about: Cryptocurrency Market and which are the most sought after in Brazil
Now coming back, Bitcoin Trade CEO Bernardo Teixeira said the following:
“Ethereum is a technology that has been growing and leveraging along with Bitcoin. In fact, it is the second largest digital asset in the world.”
The third largest search among cryptocurrencies with a 5.1% index of interests is Crypto Dai.
It is considered to be very stable because it is always at U$1.00.
Therefore, it is also considered a very strong name when talking about the cryptocurrency market.
Then, in fourth place, we have Dogecoin, which in 2013 when it was created had a “Hype” for honoring a meme from the time that was a dog.
This cryptocurrency has 3.6% of the share of search. It is worth mentioning that in May of this year 2021 it reached its historic maximum.
This made it the fourth largest coin in the existing cryptocurrency market.
And, to close out the top 5, we have the crypto asset Cosmos, with 3.2% of the tranches.
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To the next!