Shiba is the second most sought after cryptocurrency in Europe
The recent spike in interest in SHIB indicates its growing popularity. This is especially true in Europe, where recent data analysis positions it as the second most sought-after cryptocurrency.
A comprehensive study by online gaming experts AskGamblers dug into Google Trends data over the past year, looking to understand cryptocurrency preferences across European countries. The results uncovered an intriguing trend, indicating a shift in interest in the cryptocurrency space.
While Bitcoin remains the top searched digital asset across Europe, with 21 countries showing significant interest, the emergence of the Shiba Inu is a fascinating story. Seven countries, including the UK, Russia, France and Italy, show notable investment trends in SHIB. This increased interest has pushed the Shiba Inu to the top as the second most popular cryptocurrency in the region. This further marks a significant shift in investor sentiment towards alternative digital assets.
Changelly's forecast shows an eventful trajectory for the Shiba Inu in the coming days, with double-digit gains predicted potentially reaching a high of $0.00003633. This expected 30% increase underscores the bullish outlook surrounding SHIB and the potential for significant gains in the near term.
Furthermore, SHIB's notable rise in Europe reflects the dynamic nature of the cryptocurrency market and the growing interest of investors.