The “interest over time” in Dogecoin (DOGE) is declining, according to Google Trends, is a search trends feature that measures how often a given search term is entered into the search engine run by Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Google subsidiary.
What happened: An interest-over-time value of 100 is an indication of the popularity for a term, while 50 means that the term is half as popular and zero that there is not enough data for the given term.
On April 15 Bitcoin (BTC), DOGE and Ethereum (ETH) had values of 11, 11, and three, respectively, meaning that over time, both DOGE and BTC had a similar interest in the United States.
See also: How to buy Dogecoin (DOGE)
The next day, interest in DOGE eventually reached 100, while BTC and ETH were at 16 and 3, respectively.
Google Trends. Blue: Dogecoin, Red: Bitcoin, Yellow: Ethereum
As of Wednesday night, interest in DOGE has dropped to 12 over time, while BTC and ETH stand at 10 and 2, respectively.
Interest over time in DOGE declined and dropped to levels similar to BTC, while ETH enjoyed the same amount throughout the period from April 15 to April 21.
Why it matters: Over the past one week, interest in Dogecoin has dominated the United States, while Bitcoin has remained popular elsewhere in the world, according to a tweet from Google Trends.
Search for interest card in #bitcoin & #dogecoin, last week pic.twitter.com/GnY6vfEXR9
– GoogleTrends (@GoogleTrends) 16 April 2021
Popular Google questions about Dogecoin include “Is it too late to invest in Dogecoin?” and “Is Dogecoin going to crash?”
#dog Questions pic.twitter.com/ZSfNcOxegZ
– GoogleTrends (@GoogleTrends) 16 April 2021
The interest over time in DOGE apparently peaked before the so-called “Dog Day” which was marked on April 20th.
See also: PooCoin Skyrockets 100% in ‘Beyond Dogecoin’ Rally, Why Not?
On Doge Day, interest in DOGE over time was 41 while BTC and ETH values were 14 and three.
Doge Day fans had hoped to raise the price of DOGE to $ 0.69 or $ 1, but they failed.
The 6,093.65% year-on-day gains in DOGE overshadowed the 80.88% and 216.48% gains in BTC and ETH over the same period.
DOGE traded 2.44% lower at $ 0.30, while BTC traded 3.91% lower at $ 53,737.01 and ETH traded 4.37% higher at $ 2,410.85 in a 24-hour pre-print period .
Price action: Alphabet Class A and C shares closed Wednesday’s normal session mostly unchanged at $ 2,278.35 and $ 2,293.29, respectively. The A and C shares fell 0.19% and 0.14% in the after-hours trading.
Read the following: Dogecoin to list on OK Enter into a ‘testament’ next week to meme ‘Crypto’s Legitimacy’
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