The term “cryptocurrency” now scores 17 on the Popularity Dynamics Scale. For comparison, in May 2021 this indicator was 100 points. However, user interest began to wane in May 2022, one month after the collapse of the Terra ecosystem. A small spike occurred in early November 2022, when the cryptocurrency exchange FTX collapsed.
Nigeria has the highest score for cryptocurrency-related queries, and South American countries have the lowest values. The drop in interest may be due to the fact that bitcoin has been holding steady at around $28,000 for the past 10 weeks;
FTX founder Sam Bankman-Fried, the bankrupt FTX exchange itself and bankrupt cryptocurrency lender Voyager Digital are now in “crypto-trends. It was recently revealed that the Metropolitan Museum of Art in New York will return $500,000 in donations from FTX.