US residents generated more than 23% of the global interest in memecoins, with SHIB being their favorite one.
According to CoinGecko research, the residents of the United States seem the most interested in memecoins such as Dogecoin , Shiba Inu , Floki Inu , and Pepe Coin . India and the United Kingdom rank respectively second and third.
Indians are close to the top, accounting for 20.3% of the overall craze. Shiba Inu is once again the token that generates the most interest, whereas Baby Doge Coin comes in second place. Dogecoin – the cryptocurrency created as a joke in 2013 – seems to have lost steam this year. It receives 61.1% of the interest in Morocco, making the African nation the only one where Musk’s favorite token climbs up the leaderboard.While investors appear to have new favorite memecoins, DOGE remains a fundamental member of the pack. Its price has gone up by 11% YTD, and it still has a place among the top 10 largest cryptocurrencies by market cap.
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