Meme Coins Overtake Bitcoin in Global Search Interest, Sparking Retail Frenzy
Meme coins are making waves in the cryptocurrency market, with recent Google Trends data revealing that search interest for them has overtaken that of Bitcoin, signaling a major shift in retail investor interest.
During the week of October 6-12, 2024, “meme coin” achieved a search interest score of 78 out of 100, beating out Bitcoin, which scored 32, according to data analyzed by the BizTech community. This surge in popularity is in line with the strong performance of meme coins in the market, particularly in the first quarter of 2024, when they outperformed other crypto sectors as the most profitable narrative, according to a Cointelegraph report.