Cryptocurrency Insights North America

Terra Luna Has More Searches in More States Than Ethereum as Top Crypto for Each State Revealed

Research conducted by cryptocurrency betting review website Cryptobetting.org analysed Google trends data to establish the most searched cryptocurrency in each state since the April crypto market crash.

The analysis revealed that Bitcoin had the highest number of states wanting to invest in the cryptocoin with a total of 15 states, including Hawaii, Utah, Maine and West Virginia.

Terra Luna was the second most popular with 14 states searching for it more than any other cryptocurrency, including California, Illinois, New York and Washington. Terra Luna crashed in May where the $40billion in value was lost across Luna and TerraUSD, 94 per cent of its value in total. Since then, Terra developers have revealed a four-year plan to bring the platform back.

A total of six states each wanted to invest in Ethereum and Dogecoin, the third highest number in the study. States seeking to invest in Ethereum the most include Connecticut, Virginia, Rhode Island and Mississippi.

Among the six states looking to invest in Dogecoin includes Idaho, Kentucky, Oregon and South Carolina. Dogecoin is famously associated with Elon Musk who has endorsed the coin and stated earlier in the year that Tesla would accept Dogecoin as a form of payment. It is still one of the most searched coins on the internet, with an estimated 729,000 average monthly searches in the United States alone.

Two coins were searched most in two states each – Pancat and Tether. Pancat, a new coin that debuted in winter 2021, was the most searched cryptocurrency in Arizona and Florida. Tether was searched the most in Texas and Maryland.

Five cryptocurrencies were the most popular in one state each.

  • Gemini was most searched in Delaware.
  • Algorand was most popular in Michigan.
  • Cardano was the most popular cryptocurrency in Minnesota.
  • Ohio searched for Ripple more than any other.

Meme coin Shiba Inu topped searches in New Hampshire, the only state to do so.

Commenting on the findings, a spokesperson for Cryptobetting.org said: “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.”

Most popular Cryptocurrency by State since April 2022
Cryptocurrency How many states Google it the most
Bitcoin 15
Terra Luna 14
Ethereum 6
Dogecoin6
Pancat 2
Tether 2
Shiba Inu1
Gemini1
Algorand1
Cardano1
Ripple1

 

 

Most popular Cryptocurrency by State since April 2022
StateMost Googled Cryptocurrency 
AlabamaTerra Luna
AlaskaBitcoin
ArizonaPancat
ArkansasTerra Luna
CaliforniaTerra Luna
ColoradoTerra Luna
ConnecticutEthereum
DelawareGemini
FloridaPancat
GeorgiaTerra Luna
HawaiiBitcoin
IdahoDogecoin
IllinoisTerra Luna
IndianaEthereum
IowaBitcoin
KansasBitcoin
KentuckyDogecoin
LouisianaBitcoin
MaineBitcoin
MarylandTether
MassachusettsTerra Luna
MichiganAlgorand
MinnesotaCardano
MississippiEthereum
MissouriEthereum
MontanaBitcoin
NebraskaDogecoin
NevadaTerra Luna
New HampshireShiba Inu
New JerseyTerra Luna
New MexicoBitcoin
New YorkTerra Luna
North CarolinaTerra Luna
North DakotaBitcoin
OhioRipple
OklahomaBitcoin
OregonDogecoin
PennsylvaniaTerra Luna
Rhode IslandEthereum
South CarolinaDogecoin
South DakotaBitcoin
TennesseeTerra Luna
TexasTether
UtahBitcoin
VermontBitcoin
VirginiaEthereum
WashingtonTerra Luna
West VirginiaBitcoin
WisconsinDogecoin
WyomingBitcoin

Author

  • Francis is a journalist and our lead LatAm correspondent, with a BA in Classical Civilization, he has a specialist interest in North and South America.

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