Hey Steemians,
It has been a while since my last post. If you follow my blog you will know I experienced a major change,read here. I moved to dublin to study for my masters degree in Data Analytics, I have just concluded the coursework for the first semester(except for 2 exams in january) and it has been an extremely exciting experience.The downside of course is how extremely time consuming it is plus I had to get a part time job as well.I would try to put up a blog later detailing my personal experiences(the weather is killing) so far in dublin.Till then I am going to pick up right where I left off with interesting data driven posts.
It has been a wonderful year for all things crypto, the world is beginning to take notice especially large financial institutions and regulators, they can no longer deny the huge disruptions cryptocurrencies are going to bring to several industries over the course of the next decade.
A couple of traders have tried in the past to analyse search trends of cryptocurrencies to identify a crypto that is about to explode.There are numerous factors that affect the price of a cryptocurrency, analysing search trends might be useful sometimes.
In this post I take a look cryptos with the highest average monthly volume for searches on Google, I have based my analysis on the top 100 coins on coinmarketcap.Search data was extracted from google using this plugin called keywords everywhere.I excluded Monaco, status, GAS, Ark, Icon, Triggers and Salt from the list of cryptos because of the similarity of the crypto names to popular words.
10th - Golem
301,000 search volume per month
10th - Ripple
301,000 search volume per month
10th - NEO
301,000 search volume per month
7th - EOS
368,000 search volume per month
6th - Litecoin
450,000 search volume per month
6th - Steem
450,000 search volume per month
4th - Dash
550,000 search volume per month
3rd - Waves
823,000 search volume per month
2nd -Ethereum
1,220,000 search volume per month
1st -Bitcoin
5,000,000 search volume per month
So there you have it,bitcoin as expected generated the highest number of searches as it continues to be trail blazer for other crypto currencies.What are you thoughts for the coming year?
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