Worldwide interest and search trend for ‘’ alone or in combination with the second major ‘’ and the word ‘’ show a strikingly similar relationship with actual trend of ’s marketcap and price.
It is not hard to foresee a higher value of with getting more and more attention alongside. With becoming mainstream and general people worldwide getting more familiarized with the concept of decentralization, the trade volume in the crypto market is supposed to become significantly higher over time. A sustainable market volume will also trigger a stable value of and other major .
Although current search trend mimics the trend in price, once becomes a way of spending money for regular people in everyday life; and becomes a common stable of value, this relationship might no longer be valid. Then, people will not need to search about on Google anymore, the will reach to them automatically, like a common daily thing.
*The data for the search trend (top figure) generated from Google Trends, which can be viewed here:
** marketcap and price trend collected from CoinMarketCap:
Published at Sat, 20 Apr 2019 20:58:23 +0000
