๐ Public Interest in Cryptocurrencies Rises Again, but Far from Past Peaks: Is Euphoria Still Missing?
Key Observations:
1๏ธโฃ Google searches for crypto are climbing but remain far from the levels seen in 2017 and 2021.
2๏ธโฃ Wikipedia pages on cryptocurrencies and Satoshi Nakamoto saw a slight increase in views, yet numbers are modest compared to previous years.
3๏ธโฃ Anonymous forum 4chan, once a hotspot for crypto discussions, shows only minor activityโeuphoria hasnโt reached here!
4๏ธโฃ On Reddit, engagement with major crypto subreddits remains at a historic low.
Key Insights:
1๏ธโฃ The public euphoria for crypto hasnโt materialized yet and seems distant. Could it take another market price doubling to reignite it?
2๏ธโฃ Is the market maturing? While awareness has grown, cryptoโs youthful status suggests thereโs still room for public engagement.
3๏ธโฃ The context today is different. In 2017, crypto was new to many, with explosive market rallies sparking curiosity. In 2020/2021, high global liquidity and events like COVID-19 fueled public interest. Today, economic uncertainty has dampened investor sentiment across markets.
Conclusion: Public interest is slowly building, but weโre far from a true euphoria. Stay ahead by tracking the metrics that matter.
๐ฅ Donโt miss our Black Friday deal!
Use code BLACK for 75% OFF the Pro Plan + a 3-day free trial. Limited time only!
๐ alphractal
๐ platform.alphractal