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Experts say crypto fans have lost hope of a steady market recovery anytime soon. Even though there have been some bright spots like Ethereum's network upgrade and the crypto market entering mainstream conversations as leading financial institutions and global brands adopt digital assets as the legal mode of payments, the overall value of the crypto market continues to suffer endlessly, and investors along with it. The year 2022 is known among crypto enthusiasts as the year in which major crypto and blockchain empires fell, including Terraforms Labs and FTX. Amid these massacres, Bitcoin became the worst-hit cryptocurrency. It lost over 70% of its value from its all-time highs in November 2021, further creating a snowball effect among other cryptocurrencies that also plummeted in the following months. Nevertheless, Bitcoin has topped the list of the most-searched cryptocurrencies on Google in 2022! Analysts believe that this might give BTC a slight nudge to the positive side in 2023, however, the ongoing recession in the mainstream economic and financial markets continues to ravage global markets, causing major damage to investor portfolios. Here, we have listed the top 10 most-searched cryptocurrencies on Google that are speculated to explode in 2023 and yield profits for customers.
Even though Bitcoin is the worst-performing cryptocurrency in the market, it is still the largest cryptocurrency. A massive number of brands are adopting cryptocurrencies and Bitcoin has the greatest number of followers. The interest remains relatively high as experts believe that crypto has a high reliability as compared to other digital assets.
Dogecoin is actually one of the best-performing cryptocurrencies in 2022. After Elon took over Twitter, Dogecoin soared by almost 150% within a week! DOGE eventually made its way among the top 10 cryptocurrencies in the market and has become a reliable form of investment for many
Despite Shiba Inu's weak performance, the crypto has emerged quite a couple of times in the news due to its increasing presence in the metaverse and the possible launch of the Shibarium, SHIB's Ethereum layer-2 blockchain.
Ethereum recently launched its Merge upgrade that enabled altcoins to rally. After the launch of the ETH 2.0 upgrade, Bitcoin rallied too, giving positive hopes of profits to crypto investors. Google data says that interest in the word "ethereum 2.0" rose intensely when the PoS switch happened.
Cardano is among the top-performing cryptocurrencies in 2023. The crypto has attracted almost 1.47 million monthly internet searches on an average in 2022, becoming the fifth-most Googled cryptocurrency on a global scale. The ADA started to soar in January 2022, resisting the harsh headwinds of economic downturns and producing productive profits for its investors.
Avalanche is touted to be the Ethereum killer in 2022. With the rising prominence of the Ethereum Merge in 2022, it was quite expected that investors became interested in the price movements of AVAX. Even though the crypto's value declined during the crypto slumber, it has become quite obvious that investor interest has certainly spiked in it.
Litecoin is another one of the popular cryptocurrencies among investors in 2022. The LTC token is constantly rising as the crypto is due to its halving event. LTC has finally become the more efficient and affordable replacement for Bitcoin.
XRP's popularity in 2022 grew due to the possibility that the crypto might eventually win its case against the SEC. Ripple has been fighting its case against the regulatory body for quite a long time now. Growing talks about XRP's probable win have also made it a profitable cryptocurrency for 2023.
Terra Classic became one of the most controversial cryptocurrencies in the market after Do Kwon's arrest. The implosion of the Terra LUNA cryptocurrency deeply affected the crypto market, which is why the Terra Classic's launch was quite undercelebrated.
BNB's value has been declining, but according to coinmarketcap, the crypto is also one of the most-searched cryptocurrencies in the market. BNB is supported by Binance, one of the most popular crypto exchanges in the market.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
