Summary
- It was reported that the Google search index for 'altcoin' hit its highest level in the past five years.
- The media noted that this recent surge in search volume shows a market interest similar to when Ethereum emerged.
- Based on previous cases, it was reported that the likelihood of an altcoin bull market has increased.
The search index for 'altcoin' on Google has reached its highest level in five years.
According to CryptoSlate on the 13th (local time), the volume of 'altcoin' searches on Google spiked, hitting a 5-year peak. This reflects a level of interest similar to when Ethereum first appeared.
The media outlet stated, "Historically, surges in the search index have preceded altcoin bull markets," and added, "If Bitcoin (BTC) prices remain range-bound, the likelihood of an altcoin season increases."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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