- CoinGecko announces that the United States is leading the memecoin craze.
- Dogecoin has received only minor interest around countries.
In recent days, memecoins have gained significant popularity and continue to dominate the crypto market with the launch of new coins. CoinGecko, the world’s largest crypto data aggregator, has conducted research on the top 10 countries leading the memecoin craze in 2023 by analyzing the country’s page views share on the top 10 memecoins by market capitalization.
According to the CoinGecko report, the United States got more interested in memecoins. The US leads the memecoin craze, accounting for 23.6% with over 2 million views of top memecoin pages. Shiba Inu is the most popular memecoin in the United States. It has attracted about 60.7% of US interest in the memecoin sector. Moreover, Pepe gets 11.8% memecoin interest followed by Bonk and Volt.
Following the United States, India holds second place in the list with 20.3% of interest across countries. Shiba Inu is the most popular memecoin in India, making up 55.8%. At the same time, Baby Doge Coin has attracted a relatively high 29.9% of India’s interest over memecoins.
Shiba Inu Dominates the Memecoin Sector
The United Kingdom takes third place, with around 16.35% of memecoin interest. Floki has been the most popular memecoin in the Phillippines country, with 26.7% of the country’s memecoin interest. Shiba Inu and Bonk receive the same levels of interest at 18.3% and 17.8%, respectively. Moreover, the report shows that people in Nigeria and the Philippines are keeping focused on less known memecoins.
CoinGecko’s report clearly shows that Shiba Inu dominates the memecoin sector compared to the other memecoins. Shiba Inu has generated 46.7% of the interest among the top 10 memecoins. At the same time, the newly launched memecoin Pepe has gained 26.9% of people’s interest in Canada. And the largest memecoin, Doge, has received only minor interest around the countries.
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