After DOGE, NFT Google Searches Are About To Overcome Bitcoin

Ever since it was launched, Bitcoin has been on top of the list of cryptocurrencies. It is the oldest and biggest coin, so it attracts a lot of attention and gains the interest of people from all over the world. If you type “cryptocurrency”, BTC is the first to appear in Google searches and Twitter mentions.

Still, recently, the rest of the crypto market has started getting out of Bitcoin’s shadow. One example of this was seen earlier this year when the massive amounts of interest in Dogecoin (DOGE) pushed it to outperform Bitcoin’s appearance in Google searches. Now, the NFT trend may have the power to do the same.

The NFT Sector is Capturing the Attention of Investors Throughout the World

The NFT sector has been around for years, and, at first, it did not manage to attract much attention. It actually appeared a bit too early for the industry that was too obsessed with price movement to pay attention to any real blockchain utilities.

Yet, the NFT sector has finally got its chance to become noticed when it exploded earlier this year. Once again, it has its skeptics, calling it a hype, a money-laundering scheme, or so. But while the hype is now passing, the NFT sector hasn’t lost any of its popularity. On the contrary, the latest Google keyword search data indicates that the interest in non-fungible tokens has never been higher.

NFT search queries have kept increasing throughout 2021 to the point where they overcame DOGE searches. Now, they approaching Bitcoin searches as well. While the search volume did progress throughout the year, it seemingly started to dwindle in September. But, as the market recovery arrived, the search figures recovered, too.

From this, it can be concluded that the NFT sector has captured the retail’s interest and attention and that it will likely continue to grow with time.

China leads in NFT interest

Interestingly, the NFT search traffic seems to be dominated by China, which came just after the country’s central bank official warned the population against the rapidly-increasing interest in the NFT market. The PBoC official noted that the biggest concern comes from using the NFTs for money laundering, which seems to be a common concern in countries around the world.

For now, the NFT craze is the biggest in Asian countries, including South Korea, Singapore, the Philippines, and Hong Kong, but other nations, such as Venezuela, are also getting extremely interested in it.

Another interesting fact that undoubtedly contributed to the growth of the NFT sector is the rising number of influential individuals that are supporting it. From Elon Musk and Jack Dorsey to Paris Hilton, Tom Brady, Post Malone, Stephen Curry, and countless others — lots of celebrities are getting involved in the industry throughout this year.

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