HomeNewsGoogle Trends shows that as interest in Bitcoin falls, Web3 is becoming...

Google Trends shows that as interest in Bitcoin falls, Web3 is becoming more popular.


Due to heightened investor nervousness at the time of the selloffs, searches for the phrase “Bitcoin dead” online reached an all-time high.

Google search results show that the worldwide crypto community has begun to shift its focus away from Bitcoin (BTC tickers down $19,277) and toward Web3.

Crypto investors and aficionados rely on surfing the web — revealing their actual sentiments in real-time — to stay up to date with decade-long breakthroughs ranging from blockchain-based applications to nonfungible tokens (NFTs). Due to a surge in investor fear at the time of continued sell-offs, searches for the phrase “Bitcoin dead” most recently reached an all-time high.

Global Google searches for Bitcoin have fallen to their lowest level in more than a year as a result of the protracted bear market. Google searches for Web3 on the other hand have accelerated and reached an all-time high in terms of peak popularity in 2022.

Source: Google Trends

As previously said, there is a 72 percent interest in Web3, compared to a 27 percent interest in Bitcoin at peak performance.

A closer analysis reveals that El Salvador has the highest level of interest in Bitcoin (based on Google searches), with communities in Nigeria and the Netherlands providing support. But when it comes to Web3 searches, China tops the list.

It’s interesting to note that Nigeria ranks among the top three nations for Google queries related to Web3 and Bitcoin. In order to support local interest, the Nigerian government and cryptocurrency exchange Binance recently held preliminary discussions for a crypto-friendly economic zone.

Google introduced a new service on October 11 that enables users to look for information on Ethereum wallet addresses.



Leave a Reply


Elon Musk’s top three cryptocurrencies: a key takeaway from the FTX fiasco.

Twitter (NYSE:TWTR) CEO Elon Musk is certain that the collapse of FTX in no way signifies the failure of cryptocurrencies based on blockchain technology. He...

More than a million creditors for FTX.

The massive impact of the struggling cryptocurrency exchange FTX's bankruptcy on traders is suggested by the possibility that it has more than a million debtors. According...

CZ, the CEO of Binance, claims there are two lessons to be learned from the failure of FTX and its FTT.

The CEO of Binance, Changpeng "CZ" Zhao, expressed his thoughts on "two huge lessons" to learn from the present FTX disaster in response to the...

FTT Crypto Crashes Further, Binance Highlights FTX Takeover Uncertainty.

After a sobering reminder that the bailout plan for cryptocurrency exchange FTX is far from finalized, FTX token continued to experience intense selling pressure on...

Follow us


Most Popular

%d bloggers like this: