The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains.
Dogecoin’s Weekly Gains Outshine the Competition, Google Trends Data Shows DOGE Interest Dive-Bombed After May
At the time of writing, both the topic dogecoin and the hashtag #dogecointothemoon have been trending on social media Sunday afternoon. As far as interest is concerned, Google Trends (GT) data shows that the search queries for the terms “dogecoin” and “doge” have dropped very low.
— Vikash Rao 🇮🇳🇦🇪 (@Vikash17971677) August 8, 2021
During the first week of May, the term “dogecoin” topped the highest score on GT with a score of 100, while the term “doge” hit a 29. Today, the query score for “dogecoin” is only 6 and the search term “doge” is 3.
Despite the drop, most crypto assets in terms of GT data that measures overall interest has dropped significantly. On the other hand, dogecoin (DOGE) markets have jumped considerably higher than most crypto assets today, capturing close to 20% in the last seven days.
Additionally if one were to compare 12-month statistics, in contrast to a great majority of the 10,000+ digital assets in existence today, DOGE has outshined them by a long shot. 12-month DOGE stats indicate dogecoin is up 6,849% on August 8.
