LunarCrush reports shiba inu is most searched cryptocurrency, topping pepe and bitcoin
Shiba inu has surpassed pepe and bitcoin to secure the top position in LunarCrush’s “Top 10 Trending Searches.”
LunarCrush, a social media intelligence platform, recently unveiled its latest list of the most popular search topics within the past 24 hours, revealing the subjects that have captivated the online community’s attention.
Meet the top dog
In a turn of events, shiba inu has emerged as the frontrunner, surpassing both pepe and bitcoin to claim the top spot. Pepe managed to secure the second position, while bitcoin took third place.
The remaining spots from fourth to tenth were claimed by a range of notable cryptocurrencies, including lunr token (LUNR), verasity (VRA), compound (COMP), chiliz (CHZ), litecoin (LTC), circuits of value (COVAL), and arbitrum (ARB).
This latest ranking, released by LunarCrush, showcases the shifting dynamics within the cryptocurrency market as investors and enthusiasts closely follow these trending search topics.
Moreover, shiba inu’s recent achievement is not only reflected in its performance but also in its social engagement. Within just 24 hours, SHIB has generated 146.08 million social engagements.
The surge in social activity can be attributed to the excitement surrounding token burns and the notable accomplishments of Puppynet, the Shibarium Beta Network.
Supporting dApp development
Referred to as ‘Puppynet,’ this flagship offering aims to provide users with the ability to develop decentralized applications (dApps) on the blockchain and seamlessly integrate businesses with its infrastructure.
According to Shytoshi Kusama, the lead developer of the project, Shibarium holds the promise of unlocking new possibilities for the Shiba Inu community.
With this blockchain tool, users can harness dApps various business applications. The announcement comes after months of waiting, with the early beta of Shibarium initially being revealed on March 11, 2023.
Ultimately, this shift in popularity between pepe and bitcoin to shiba inu in the recent report, coupled with the recent emphasis on dApp development, as demonstrated by shiba inu’s Shibarium Beta Network, hints at the community’s increasing interest on practical applications and real-world use cases for cryptocurrencies.