According to PANews, Google searches for "Bitcoin" hit a one-year low in the week of October 12, 2024. Global interest in the search term dropped to just 33 out of 100.
Meanwhile, searches for “memecoins” were up 77% over the same period, but have yet to break the all-time high of 100 set in late October 2023.
Ki Young Ju, CEO and founder of CryptoQuant, believes that memecoin searches will return to their previous all-time highs by the end of October 2024 as market interest in these digital assets remains high.
