Google Searches For ‘Dogecoin’ Skyrocketed 1,992%

According to a new report released on Tuesday, online searches for cryptocurrency ‘Dogecoin’ increased by a whopping 1,992 percent globally after Elon Musk changed Twitter’s bird logo to Dogecoin’s shiba inu on April 3.

According to the findings of Japanese internet casino guide 6Takarakuji, this is a 20-fold increase in search interest over the previous seven days.

‘Buy Doge’ and ‘Buy Dogecoin’ searches increased by 1,044 and 253 percent, respectively, and Shiba Inu currency increased by 132%.

“Elon Musk shows his power with a single logo change. By removing the iconic Twitter bird logo, Musk demonstrates that Twitter belongs to him. The effects of his actions are evident in the surge of user interest in Dogecoin, as investors rush to buy Doge to catch any potential yields as the price shoots up. But how long will it last?” a spokesperson at 6Takarakuji said.

Moreover, the report showed that Google searches for ‘Twitter’ have leapt over the last seven days, rising 38 per cent as users noticed the change.

According to Google Trends data, almost three-quarters (72 per cent) of top searches for Twitter over the last seven days relate to the new logo, which has created a buzz among internet users.

Further, the report mentioned that Dogecoin’s price has jumped more than 30 per cent and is now ranked the seventh most valuable cryptocurrency by CoinMarketCap.com, overtaking Cardano.