With significant growth in the crypto space, Bitcoin is topping the popularity charts along with several different altcoins.
Google search trends provide insight into the popularity of altcoins, which influences investment decisions. Here's a look at some of the most sought-after altcoins and their potential:
Ethereum (ETH)
Ethereum, the second largest blockchain network after Bitcoin, continues to be in high demand due to its advanced capabilities. Despite the current downtrend, Ethereum is trading at $3.373 with a market capitalization of $405 billion and trading volume of $22 billion. The recent approval of the Ethereum Spot ETF strengthens its appeal as a lucrative investment.
Solana (SOL)
ranks fourth among altcoins, mainly due to its role in the launch of meme coins, which have enjoyed huge interest since the beginning of the year. SOL is currently trading at US$135, with a market capitalization of US$62 billion and a trading volume of US$3.4 billion. Analyst views on SOL are mixed, but the previous rally to $260 could indicate potential for further growth.
Pepe (PEPE)
There was a significant jump in prices, reaching a high of $0.00001718 that year. At the time of writing, the price is $0.00001169, down 46%, Pepe has earned a total of 19,000%, positioning it favorably among altcoins for potential investment.
The cryptocurrency market offers plenty of opportunity amid recent price declines, so now is a good time for investors to consider entering the altcoin markets.
