Nigeria tops world’s countries in obsession with cryptocurrency

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By Biodun Busari

A research by a crypto price tracker CoinGecko, has revealed that Nigeria is ranked number one among countries curious about cryptocurrency since April this year.

The examination was part of the Google Trends data of search terms frequently used by Nigerian people interested in cryptocurrency.

It disclosed that these terms were then combined to give each English-speaking country a ‘total search score’ to discover which countries have been the most interested in cryptocurrency since the market crash in April 2022.

According to a release made available by Journo Research, with a total search score of 371, Nigeria topped the list for its population having the highest search levels for the phrases ‘cryptocurrency’, ‘invest in crypto’ and ‘buy crypto’ worldwide.

It added that the population of Nigeria’s search for the cryptocurrency ‘Solana’ is the third most worldwide.

The United Arab Emirates is the country that is second most curious about cryptocurrency since the market crash in April this year, with a total search score of 270.

UAE has the second-highest proportion of its population searching for both the word ‘cryptocurrency’ and the term ‘invest in crypto’, placing it second in the ranking.

Singapore ranks as the third country most interested in cryptocurrency since April this year. The Southeast Asian country has the third-highest level of searches for the term ‘buy crypto’, in addition to being the country searching for the cryptocurrency ‘Ethereum’ the most worldwide, giving Singapore a total search score of 261.

Aside from them, the United Kingdom also ranks as one of the countries most interested in cryptocurrency since April this year, placing fifth overall. With a total search score of 198, the UK has the sixth-highest level of searches for the term ‘buy crypto’ and the third-highest number of searches for ‘invest in crypto’. According to CoinGecko, Bitcoin, Ethereum and Polygon are all trending cryptocurrencies in the UK.

 

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