Meme Coin Mania Sweeps The Globe: Top 10 Countries Leading The Craze In 2023
04 Mai 2023 - 12:00AM
NEWSBTC
The rise of the meme coin mania in 2023 has taken the
cryptocurrency world by storm, and a new report by CoinGecko shows
that the trend is most popular in the United States, India, and the
United Kingdom. These countries account for over 50% of all meme
coin fans this year, indicating a strong interest in these assets.
But the appeal of meme coins continues beyond there. The report
also highlights the popularity of these coins in other regions,
including Southeast Asia’s Philippines and Malaysia, Nigeria and
Morocco in Africa, Oceania’s Australia and New Zealand, and Canada.
This diverse mix of countries suggests that meme coins have a
global appeal. Related Reading: More Dip To Come: Bitcoin Liquidity
On The Move Ahead Of Major Event From the US to India, The Global
Phenomenon Of Meme Coins Takes Hold The top 10 countries leading
the meme coin craze in 2023 make up the majority of interest in
these assets, representing 82.9% of all fans. This indicates that
even though meme coins may have started as a niche trend, they have
quickly gained a following worldwide. According to the report, the
United States is at the forefront of the meme coin craze in 2023,
accounting for a whopping 23.6% of the global interest in these
speculative assets. With over 2 million views on the top meme coin
pages, it is clear that Americans are embracing this new type of
cryptocurrency. The report shows that the most popular meme coin in
the US this year is Shiba Inu, which generated 60.7% of all US
interest in meme coins. This is not surprising given the coin’s
recent surge in popularity due to celebrity endorsements and
high-profile listings on major cryptocurrency exchanges. Following
closely behind Shiba Inu is Pepe, a trending crypto that recently
drove 11.8% of meme coin interest in the US. Other popular meme
coins in the country include Bonk and Volt Inu, which generated
5.7% and 4.9% of US interest, respectively. Moreover, India will be
the second-largest driver of the meme coin hype in 2023, accounting
for 20.3% of all interest across the countries. Shiba Inu is the
most popular coin in India, generating 55.8% of the country’s
interest in these speculative assets. Baby Doge Coin also received
a relatively high share of interest, with 29.9% of India’s meme
coin interest. Floki is the most popular meme coin in the
Philippines, generating 26.7% of the country’s interest in these
assets. Shiba Inu and Bonk also received similar interest levels at
18.3% and 17.8%, respectively. Baby Doge Coin and Pepe were close
behind, with 12.7% and 10.2% share of Philippines meme coin
interest, respectively. Shiba Inu Reigns Supreme According to the
report, Shiba Inu is the most popular meme coin among
investors in 2023, driving 46.7% of interest among the top meme
coins. Baby DogeCoin is the second most popular, generating
12.3% of investor interest. This is followed by more recent coins,
Pepe (9.4%), Floki (8.6%), and Bonk (8.2%). Furthermore, Pepe
captured the most interest in Canada, accounting for 26.9% of all
interest in the country. Interestingly, while Dogecoin pioneered
the meme coin space, it generated only 61.1% of interest in Morocco
and received only minor interest in the other countries
surveyed. Overall, the report by CoinGecko shows that meme
coins continue to gain popularity and are a force to be reckoned
with in the cryptocurrency market. As new coins emerge and gain
traction, it will be interesting to see how this market evolves and
whether meme coins will continue to be a dominant trend in the
cryptocurrency world. Related Reading: SUI Plummets Over 30% As
Trading Goes Live On Exchanges, What Went Wrong? Featured image
from Unsplash, chart from TradingView.com
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