Shiba Inu: this country loves dog cryptocurrency

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If many are amused by the popularity of the Shiba Inu, let’s not forget that some owe him the birth of a fortune. It must be said that a real craze surrounds this canine cryptocurrency although its applications are not based on concrete like other projects. And as reported by Le Journal du Coin, Saxo Markets reveals that one country is crazy about the digital currency: Australia. The Shiba Inu ranks ahead of Ripple and Cardano in terms of popularity. Among those questioned, 5%, 3% and 2% respectively know the cryptocurrencies mentioned above. And unsurprisingly, 7% of millennials have heard of Shiba Inu (compared to 1% for baby boomers).

The Shiba Inu is a hit!
The Shiba Inu is a hit!

Be careful, however: the Shiba Inu does not exceed other cryptocurrencies. Bitcoin retains the top spot with 38% popularity. Next are Ethereum, Binance Coin and Dogecoin. And on Google Trends, in 2021, the last currency cited did well. Dogecoin was ahead of Ethereum, yet the second largest asset in the market, in the section dedicated to news. Even Bitcoin does not appear!

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That dog money has made a place for itself is not surprising. For months, Elon Musk kept shining the spotlight on Dogecoin. Not to mention its growing number of online followers. It remains to be seen where the market will go in 2022.

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Source From: Google News

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