Ethereum (ETH) Popularity Drops to Late 2020 Levels Based on This Indicator

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Ethereum (ETH) Popularity Drops to Late 2020 Levels Based on This Indicator
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Statistics for cryptocurrency-related searches on popular engines shrinks to multiyear lows amid market apathy

GameFi-, NFT- and metaverse-related searches are also targeting multiyear lows.

As covered by U.Today previously, Glassnode analysts characterized sentiment on crypto markets as a"stage of extremeCryptocurrency bulls should brace themselves for even more pain ahead, analyst Miles Deutscher shared in his recent XMeanwhile, in the Ripple and XRP communities, the situation looks slightly different. For Ripple, the performance is even more dramatic. In Q1, 2023, Ripple-associated searches dropped to lows unseen since 2016 but then slightly recovered.

However, XRP looks almost 3x as popular as it was year ago. In September 2022, the activity of searches dropped to 6/100, while today it is about 17/100.

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