Google Searches for XRP Explode
According to data provided by Google Trends, searches for the cryptocurrency XRP recently reached a new high, eclipsing its 2017 peak.
The Google Trends score is intended to display the overall search interest for a given term on a scale of 0 to 100, with 100 indicating peak popularity.
Ethereum (ETH), for comparison, saw significantly lower search interest in December compared to XRP, at 22 points.
Bitcoin, however, was ahead of XRP in terms of search interest (43 and 28 points, respectively). The king of cryptocurrencies managed to make a lot of headlines with its recent rally above $100,000, so this amount of search interest is not surprising. Still, the cryptocurrency is far from reaching the level of popularity it saw in early 2021 and, of course, in late December 2017.
XRP managed to attract a lot of attention from the general public due to its impressive rally that took the token close to the $3 mark. The token’s market cap briefly surpassed $150 billion, which made the Ripple-affiliated token the third-largest cryptocurrency in the world.
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However, a closer look at the search trend shows that the general public is gradually losing interest in the Ripple-affiliated cryptocurrency. A one-month trend shows a sharp drop from the peak score of 100 to just 22. This shows that interest in the token started to wane as soon as the token’s price started to stabilize. Therefore, it is safe to say that the surge in searches was most likely a one-off event triggered by the price rally.
According to data from CoinGecko, XRP is currently trading at $2.43 after a 0.8% drop in the last 24 hours.
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