en
Back to the list

Search volume for NFT overtakes crypto for first time in history


invezz.com 27 January 2022 20:20, UTC
Reading time: ~8 m

NFT overtakes crypto by 16 points

In the midst of the non-fungible token (NFT) madness, it is interesting to see whether this also reflected in the Google behaviour of (potential) investors.
Since last summer, the number of searches for “NFT” has been growing steadily. Growth peaked last week and is now even approaching the volume of “crypto.”
The rise of search volume has steadily followed the curve of the search volume, but the search term “NFT” overtook “crypto” at the start of this year and is set to continue rising as the curve for crypto goes down.
As of the second of January, NFT overtook crypto by 2 points; 48 vs 50.
As of today, however, that gap has grown to a 16 point difference with 60 points for the search term NFT versus the term crypto remaining at 48 points, according to Google Trends.

NFT interest peaks most in the East

Upon diving deeper into the search volume statistics, it’s made apparent the majority of search interest is coming from Asian countries, as well as some Eastern European nations.
Most notably being Taiwan, where search volume for NFT overtakes crypto by 80 percent versus 20 percent
Following suit are Japan with 78 percent vs 22 percent and South Korea with 71 percent vs 29 percent respectively. 

Bitcoin interest on the rise despite value crash

The bitcoin (BTC) price is still faltering, and the situation is uncertain for investors. Interest in this particular token continue to skyrocket nonetheless.

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

The search volume for “bitcoin” over the past 12 months peaked in the period from May 16 to 22, 2021; this was the time when bitcoin went through a massive correction of over 50 percent.

Search volume hovered around 36 percent of that peak for the rest of the year. However, now we see the interest in bitcoin increasing again.

Based on forecasting data, the search volume is now heading back to 61 points; it seems most search inquiries for bitcoin are made during moments corrections take place.

NFT overtakes crypto by 16 points

In the midst of the non-fungible token (NFT) madness, it is interesting to see whether this also reflected in the Google behaviour of (potential) investors.
Since last summer, the number of searches for “NFT” has been growing steadily. Growth peaked last week and is now even approaching the volume of “crypto.”
The rise of search volume has steadily followed the curve of the search volume, but the search term “NFT” overtook “crypto” at the start of this year and is set to continue rising as the curve for crypto goes down.
As of the second of January, NFT overtook crypto by 2 points; 48 vs 50.
As of today, however, that gap has grown to a 16 point difference with 60 points for the search term NFT versus the term crypto remaining at 48 points, according to Google Trends.

NFT interest peaks most in the East

Upon diving deeper into the search volume statistics, it’s made apparent the majority of search interest is coming from Asian countries, as well as some Eastern European nations.
Most notably being Taiwan, where search volume for NFT overtakes crypto by 80 percent versus 20 percent
Following suit are Japan with 78 percent vs 22 percent and South Korea with 71 percent vs 29 percent respectively. 

 

Bitcoin interest on the rise despite value crash

The bitcoin (BTC) price is still faltering, and the situation is uncertain for investors. Interest in this particular token continue to skyrocket nonetheless.

The search volume for “bitcoin” over the past 12 months peaked in the period from May 16 to 22, 2021; this was the time when bitcoin went through a massive correction of over 50 percent.

Search volume hovered around 36 percent of that peak for the rest of the year. However, now we see the interest in bitcoin increasing again.

Based on forecasting data, the search volume is now heading back to 61 points; it seems most search inquiries for bitcoin are made during moments corrections take place.

NFT overtakes crypto by 16 points

In the midst of the non-fungible token (NFT) madness, it is interesting to see whether this also reflected in the Google behaviour of (potential) investors.
Since last summer, the number of searches for “NFT” has been growing steadily. Growth peaked last week and is now even approaching the volume of “crypto.”
The rise of search volume has steadily followed the curve of the search volume, but the search term “NFT” overtook “crypto” at the start of this year and is set to continue rising as the curve for crypto goes down.
As of the second of January, NFT overtook crypto by 2 points; 48 vs 50.
As of today, however, that gap has grown to a 16 point difference with 60 points for the search term NFT versus the term crypto remaining at 48 points, according to Google Trends.

NFT interest peaks most in the East

Upon diving deeper into the search volume statistics, it’s made apparent the majority of search interest is coming from Asian countries, as well as some Eastern European nations.
Most notably being Taiwan, where search volume for NFT overtakes crypto by 80 percent versus 20 percent
Following suit are Japan with 78 percent vs 22 percent and South Korea with 71 percent vs 29 percent respectively. 

 

Bitcoin interest on the rise despite value crash

The bitcoin (BTC) price is still faltering, and the situation is uncertain for investors. Interest in this particular token continue to skyrocket nonetheless.

The search volume for “bitcoin” over the past 12 months peaked in the period from May 16 to 22, 2021; this was the time when bitcoin went through a massive correction of over 50 percent.

Search volume hovered around 36 percent of that peak for the rest of the year. However, now we see the interest in bitcoin increasing again.

Based on forecasting data, the search volume is now heading back to 61 points; it seems most search inquiries for bitcoin are made during moments corrections take place.

NFT overtakes crypto by 16 points

In the midst of the non-fungible token (NFT) madness, it is interesting to see whether this also reflected in the Google behaviour of (potential) investors.
Since last summer, the number of searches for “NFT” has been growing steadily. Growth peaked last week and is now even approaching the volume of “crypto.”
The rise of search volume has steadily followed the curve of the search volume, but the search term “NFT” overtook “crypto” at the start of this year and is set to continue rising as the curve for crypto goes down.
As of the second of January, NFT overtook crypto by 2 points; 48 vs 50.
As of today, however, that gap has grown to a 16 point difference with 60 points for the search term NFT versus the term crypto remaining at 48 points, according to Google Trends.

NFT interest peaks most in the East

Upon diving deeper into the search volume statistics, it’s made apparent the majority of search interest is coming from Asian countries, as well as some Eastern European nations.
Most notably being Taiwan, where search volume for NFT overtakes crypto by 80 percent versus 20 percent
Following suit are Japan with 78 percent vs 22 percent and South Korea with 71 percent vs 29 percent respectively. 

 

Bitcoin interest on the rise despite value crash

The bitcoin (BTC) price is still faltering, and the situation is uncertain for investors. Interest in this particular token continue to skyrocket nonetheless.

The search volume for “bitcoin” over the past 12 months peaked in the period from May 16 to 22, 2021; this was the time when bitcoin went through a massive correction of over 50 percent.

Search volume hovered around 36 percent of that peak for the rest of the year. However, now we see the interest in bitcoin increasing again.

Based on forecasting data, the search volume is now heading back to 61 points; it seems most search inquiries for bitcoin are made during moments corrections take place.

NFT overtakes crypto by 16 points

In the midst of the non-fungible token (NFT) madness, it is interesting to see whether this also reflected in the Google behaviour of (potential) investors.
Since last summer, the number of searches for “NFT” has been growing steadily. Growth peaked last week and is now even approaching the volume of “crypto.”
The rise of search volume has steadily followed the curve of the search volume, but the search term “NFT” overtook “crypto” at the start of this year and is set to continue rising as the curve for crypto goes down.
As of the second of January, NFT overtook crypto by 2 points; 48 vs 50.
As of today, however, that gap has grown to a 16 point difference with 60 points for the search term NFT versus the term crypto remaining at 48 points, according to Google Trends.

NFT interest peaks most in the East

Upon diving deeper into the search volume statistics, it’s made apparent the majority of search interest is coming from Asian countries, as well as some Eastern European nations.
Most notably being Taiwan, where search volume for NFT overtakes crypto by 80 percent versus 20 percent
Following suit are Japan with 78 percent vs 22 percent and South Korea with 71 percent vs 29 percent respectively. 

 

Bitcoin interest on the rise despite value crash

The bitcoin (BTC) price is still faltering, and the situation is uncertain for investors. Interest in this particular token continue to skyrocket nonetheless.

The search volume for “bitcoin” over the past 12 months peaked in the period from May 16 to 22, 2021; this was the time when bitcoin went through a massive correction of over 50 percent.

Search volume hovered around 36 percent of that peak for the rest of the year. However, now we see the interest in bitcoin increasing again.

Based on forecasting data, the search volume is now heading back to 61 points; it seems most search inquiries for bitcoin are made during moments corrections take place.


   Source
Back to the list

Similar news
Suggest news