The “interest in time” in Dogecoin (DOGE) is on the decline, according to Google Trends, a search trends feature that measures how often a particular search term is entered into the search engine managed by Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google.
What happened: An interest-over-time value of 100 is an indicator of the peak popularity for a term, while 50 means the term is half as popular and zero means that there is not enough data for the given term.
April 15th Bitcoin (BTC), DOGE and Ethereum (ETH) had values of 11, 11, and three, respectively, meaning that both DOGE and BTC had similar interest in the United States over time.
Also see: How to buy Dogecoin (DOGE)
The following day, interest in DOGE had reached 100 over time, while BTC and ETH were 16 and 3, respectively.
Google trends. Blue: Dogecoin, Red: Bitcoin, Yellow: Ethereum
As of Wednesday night, interest in DOGE has dropped to 12 over time, while BTC and ETH are at 10 and 2.
Interest in DOGE has waned over time and dropped to levels similar to BTC, while ETH enjoyed the same amount over the period from April 15 to April 21.
Why it matters: Over the past week, interest in Dogecoin had dominated the United States, while Bitcoin remained popular elsewhere in the world, according to a Tweet from Google Trends.
Search interest card in #bitcoin & #dogecoin, last week pic.twitter.com/GnY6vfEXR9
– GoogleTrends (@GoogleTrends) April 16, 2021
Trending questions on Google regarding Dogecoin include “Is it too late to invest in Dogecoin?” and “Is Dogecoin going to crash?”
#doge Qs pic.twitter.com/ZSfNcOxegZ
– GoogleTrends (@GoogleTrends) April 16, 2021
Interest in DOGE seems to have peaked over time before the so-called “Doge Day” which took place on April 20.
Also see: PooCoin skyrockets 100% in the ‘Beyond Dogecoin’ rally, because why not?
On Doge Day, interest in DOGE over time was 41, while BTC and ETH values were 14 and three.
Doge Day supporters had hoped to be able to push the price of DOGE to $ 0.69 or $ 1, but were unsuccessful.
The 6,093.65% gains since the start of the year in DOGE have eclipsed the 80.88% and 216.48% gains in BTC and ETH over the same period.
DOGE traded 2.44% lower at $ 0.30, while BTC traded 3.91% lower at $ 53,737.01 and ETH traded 4.37% higher at $ 2,410.85 in a 24-hour period prior to press time.
Price promotion: Alphabet’s Class A and C shares closed Wednesday’s regular session largely unchanged at $ 2,278.35 and 2,293.29, respectively. The Class A and C shares fell 0.19% and 0.14% during out-of-hours trading.
Read next: Dogecoin Appears On OKCoin Next Week In A ‘Testament’ For Meme Crypto’s ‘Legitimacy’
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