Data has shown that Terra (LUNA), the native token of the Terra blockchain, is the most searched cryptocurrency in 14 U.S. states since April 2022.
Recall that the most recent market implosion was triggered by the collapse of the Terra ecosystem. During the historic crash, other top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), were not spared. The crypto market is still struggling to recover from the menace created by the blockchain.
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So this and many other developments that followed the collapse have contributed to the increase in the popularity of the digital asset in the United States and across the world.
Terra (LUNA) is the Second Most Popular Crypto in the United States
According to Google data collated by The Fintech Times, Terra (LUNA) is the most searched cryptocurrency in 14 states in the U.S. The data also shows that the digital currency is the second most searched crypto in the country.
Going by the data, the 14 states where Terra (LUNA) is most searched include Alabama, Arkansas, California, Colorado, Georgia, Illinois, Massachusetts, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, and Washington.
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The Report read in part:
“This year has been a turbulent one for cryptocurrency since the market crash in spring. We have seen some interesting behaviours, with the market investors dividing into two camps – stick with the most famous and lowest-risk coins, i.e. Bitcoin, or invest in the lower price but lesser known coins, such as Pancat.
“This study offers insight into where American crypto investors are thinking of investing most, with Bitcoin taking a lead but Terra Luna being watched closely as it plans to make a comeback. With market saturation happening in cryptocurrency globally, it is fascinating to see which currencies are gaining the biggest traction online.”
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