![]() ![]() Despite being regarded as a long-term positive move that should improve the network in several aspects, the billionaire Mark Cuban recently warned that the Merge could have a short-term “sell-the-news” type of impact. This is somewhat expected, given its significance. The process is almost at its end as Ethereum prepares to complete it, perhaps in the following days.īeing compared to the Bitcoin halving by some, the Merge has had a profound effect on retail as the Google searches for “Ethereum Merge” have skyrocketed to a new all-time high. While retail investors are showing little-to-no interest in the largest cryptocurrency, they seem quite determined to find out more about the second-biggest one, and especially the most important event in its history – the Merge.Īs CryptoPotato explained before, the Merge will finalize the network’s transition from the energy-intensive proof of work consensus mechanism to proof of stake – regarded as more nature-friendly. Source: Google Trends Entirely Different Story With Ethereum Google Trends The trading volume of Ethereum (ETH) in May 2021 was approximately 1.51 trillion. At the same time, the “buy bitcoin” queries have plummeted to levels last seen over two years ago. ![]() This was a fall in search interest since While not the most sophisticated of data tools, Google Trends is a way to roughly understand the level of interest that internet users worldwide have in a certain topic. The “bitcoin” searches worldwide have declined to the lowest levels since December 2020 – just ahead of the bull market. To that end, Google Trends data for the search terms Ethereum and NFT revealed an unmistakable end result. This has been the case in the past several months, as BTC lost over 50% of its value and then calmed around the $20,000 mark. When the asset cools off and lacks volatility, the trend changes. The rule of thumb is that when a particular asset is hot (usually meaning its price is soaring), more and more people are looking for it – an example evident amid the bull run in late 20. is cryptocurrencies like Bitcoin and Ethereum, which have become very popular as of late. Google trends data shows the behavior and interest of retail investors as they tend to inquire about certain investments on the world’s largest search engine. Here are ways you can use Google Trends for your SEO needs. The demand and interest in bitcoin seem to be further fading among retail investors, at least according to data from Googe Trends.Īt the same time, the searches for the upcoming Ethereum Merge event have skyrocketed to a new all-time high days before the blockchain’s transition to PoS. ![]()
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