Monday, June 24, 2024

Popularity of NFT in Google Search Reaches Record Level

Service users are more interested in non-fungible tokens than decentralized finance (DeFi), Ethereum, Dogecoin and blockchain

Interest in non-fungible token technology (NFT) is at an all-time high, according to Google Trends . According to the service, users of the search network are now more interested in the NFT sphere than in the spring and August of this year, when there was a surge of interest in non-fungible tokens.

trends.google.com

The popularity of NFT has surpassed the search queries for DeFi, Ethereum, Blockchain and Dogecoin. In May, Google users’ interest in Dogecoin exceeded Bitcoin interest.

trends.google.com

The largest number of NFT searches is observed in Asian countries: China, Hong Kong, Singapore and the Philippines. The Chinese authorities criticized the non-fungible token industry in early September , calling it a huge bubble.

trends.google.com

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