Retail Is Here, They’re Just Buying Shiba Inu (SHIB) Instead of Bitcoin – CryptoPotato

Retail investors have always played a major role in the cryptocurrency space, but it seems they are yet to arrive at the Bitcoin scene now; at least, this is what Google searches show for the largest cryptocurrency. Simultaneously, it seems they have a new favorite – Shiba Inu.

Retail Are Not Here for Bitcoin

Bitcoin and retail investors have frequently moved hand in hand. Back in 2017, when the cryptocurrency charted its then ATH of $20,000, smaller investors were primarily behind the rally.

Something similar transpired three and four years later as when BTC tapped its April ATH, the Google searches – typically a valid indicator of retail behavior – spiked once more.

However, the situation seems quite different now. As reported a few weeks ago, the number of queries on the world’s largest search engine containing either “bitcoin” or “buy bitcoin” was still relatively low. Yet, the asset went on to register a new all-time high of $67,000 shortly after. The searches barely increased…

Read Full Story: https://cryptopotato.com/retail-is-here-theyre-just-buying-shiba-inu-shib-instead-of-bitcoin/

The post Retail Is Here, They’re Just Buying Shiba Inu (SHIB) Instead of Bitcoin – CryptoPotato first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2021/10/31/retail-is-here-theyre-just-buying-shiba-inu-shib-instead-of-bitcoin-cryptopotato_202110317867.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.