‘Buy Cardano’ search surges, Google Trend shows

According to Google Trends, searches for the keywords ”Buy Cardano” have been climbing steadily for the past three months.

In its 90-day monitoring, Google Trends has never seen any signs of decline in people’s interest in Cardano token.

Cardano is currently the third-largest crypto in terms of market cap. 

The surge started on May 26 and reached a peak on August 22. What’s more interesting is that Google Trends also found that the country with the highest search log for ‘Buy Cardano” is Lebanon. Qatar came in at second, while Slovenia clinched the third spot. 

Singapore, Lithuania, Canada, Israel, the United States, New Zealand, and Norway, are also included in the top 10 countries with the highest searches for Cardano. 

Cardano’s rise to popularity

With Bitcoin’s value already surpassing the $50,000 mark, the world’s interest in crypto increased even further. And this is one of the major reasons why Cardano has been getting increased attention lately. 

Cardano’s increasing fame is a sign that people are starting to look into other crypto coins to expand their digital assets portfolio. It has also become an even more interesting coin when it was able to surpass Binance’s BNB coin as the world’s third-largest cryptocurrency. 

Cardano trading in Japan

With Cardano’s expanding presence in the global crypto market, Bitpoint, a Tokyo-based cryptocurrency exchange, has opened its doors for Cardano trading. 

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, was delighted at the news that Cardano has now officially entered the Japanese market. Since the Japanese crypto licensing process is known for its rigorous process, Cardano’s gained approval shows its integrity as a crypto coin. 

Cardano, with its ambitious DeFi plans, is going head-to-head with Ethereum’s own decentralized finance goals. And since both coins possess advanced technologies at their backs, it is yet to see which of them would eventually triumph in the highly competitive DeFi space.

Image courtesy of Cointelegraph News/YouTube

Source: https://bitcoinerx.com/blockchain/buy-cardano-search-surges-google-trend-shows/