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?
Thanks for reading my post.Let me know your view on this post in the comments, I read and appreciate every comment.Each post I make takes considerable time and effort,please support me by upvoting and resteeming if you enjoyed it.Keep an eye on my blog for my next post. You can also follow me @datageek
welcome back @datageek
Missed you around. Glad to hear your studies are coming on well. How are you finding Ireland?
Thanks a lot @paulag. Dublin has been excellent but I must confess I have found it really difficult coping with the weather especially since the past couple of weeks.
Never heard of Waves before and I'm definitely not investing in Golem would rather buy potcoin joke lol
Dang bitcoin dwarfs these others
Interesting @datageek. As expected, bitcoin always top. Am glad steem is one of the top five. Steem has a very promising future. Imagine steem @ $500...lol. Nice post man!!
Good stuff. Think this is a decent indicator of future growth?.. since so much of the market is speculative.
Well as I mentioned in the post it might be useful in some scenarios as an indicator in combination with other indicators .
Good deal. Very interesting for sure. Hope Dublin is swell. I wish to visit soon
Yeah Dublin is definitely a bubbling city. I'm sure the weather won't be a problem for you.
Thank you for your effort here, the rankings actually make really good sense in my opinion. The brand awareness of BTC is much higher, it has been more identifiable for a longer time, and it did really kick of this whole phenomena that has gained exponential momentum in the very short term. I think there is considerable room for steem/steemit/steemdollars to move upward as word of the platform is really just beginning as we have seen very recently with the jump in Alexa search results, from cracking the top 2000 to cracking the top 700 as recently as this month I believe. I am very positive on a platform that does not data mine its users, pays its users for content, no ads, has a video game dynamic (status power ups similar to a role playing game), and has such a great collection of people within its platform displaying such positive attitudes and the will to help worthy individuals from within. I jokingly call the steemit platform "The Facebook Rapture."
Haha funny as the name "The Facebook rapture " sounds , it's certainly our wish this platform does exactly that.
Know everyone except Golem. nice, Steam in sixth place!
Well I suggest you read up about golem, it's been around for quite a while.
what a information @datageek about currencys
keep it up friend
Glad you found it useful. Thanks
Dang I am surprised that golem is on the list. Glad to hear it though, as I bought some about a year ago because I liked the Idea. I hope it kicks off and the price goes up.
Thanks for the post, keep up the good work!
Yeah Golem has been around for a while and has a quite solid use case. Good luck with your investment.
Of course bitcoin came first and ethereum came second. Bitcoin is king and ethereum is the prince. I am just surprised litecoin came 7th. I thought it would have been top 5 at least. Guess I was wrong
Seems ripple is making a strong claim to become the next prince haha.
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Btc is grandpa of all coins,when you want explain somebody what cryptocurencies are you will start,have you heard of bitcoin
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