By Aduragbemi Omiyale
New research conducted by Los Muertos by analysing Google Trends data has revealed that cryptocurrency investors in the United States of America are desperate to minimise their exposure to Shiba Inu and Bitcoin amid the latest wave of depression in the latter.
The analysis revealed that Shiba Inu had the highest number of states wanting to sell the crypto coin with a total of 19 states, including Florida, Nevada, New York and Tennessee.
The coin is one of the most affected coins from the recent crypto market crash, however, it has been predicted that the coin will rebound and rise to $0.00015 in 2023.
Bitcoin was the second most searched cryptocurrency to sell in America with 17 states searching to sell Bitcoin more than any other cryptocurrency, including Oregon, Kansas, Illinois and Pennsylvania.
A total of eight states want to sell Dogecoin the most, the third-highest number in the research. States seeking to sell Dogecoin the most include Hawaii, Minnesota, Wyoming and Delaware.
In the last week, Ethereum has crashed to more than 15 per cent, making it to be four American states’ most searched cryptocurrency to sell, with states being Maine, California, Louisiana and Georgia.
Cardano was also the most popular cryptocurrency to sell in only three states – New Mexico, Utah and New Jersey.
“The cryptocurrency market has seen the biggest crash in history this year, with prices across all cryptocurrencies dipping as a result.
“This study offers incredible insight into where various cryptocurrencies are potentially being sold from across America, with Shiba Inu being the most popular to sell on the internet. It will be interesting to see if these findings will be reflected in future prices,” Gonku from Los Muertos said.
