The next crypto to explode, BTC20, rivals Pepe coin and bitcoin in Google Trends search terms data, and for many geographies is outperforming both of them as it blasts past $3.4 million in its presale.
In only nine days, BTC20, which runs on the Ethereum blockchain as an ERC-20 token, has raised $3,412,753 million of its $6 million target.
Investors are excited about buying ‘Bitcoin on Ethereum’ at the original bitcoin’s 2011 price of just $1.
However, other strong selling points are attracting buyers.
These include $BTC20’s yield potential of up to 520%, its play on the bitcoin derivative and ‘version 2’ themes, and the potential to benefit from the bitcoin halving bull cycle.
BTC20 Beats Pepe Coin in Google Trends Search Interest During Active Trading Sessions
Google Trends measures search term interest over time on a scale of 0 to 100, with 100 being the highest level of interest.
Worldwide, over the past seven days, ‘btc20’ has been vying for supremacy with ‘pepe coin’. In fact, at specific dates and times, BTC20 has seen greater search interest than Pepe, as the chart below shows:
In ‘regions’ such as Germany and other parts of Europe – during the morning crypto trading session when this research was conducted, ‘btc20’ scores more highly than ‘pepe coin’ as the map below shows:
In Germany, again in the morning part of the trading session (‘past 4 hours’ search parameter), ‘btc20’ has often outperformed ‘pepe coin’. On some occasions, ‘btc20’ even equals the search interest of ‘bitcoin’, as the chart below shows:
Again, looking at the German results, this time over the past seven days, ‘btc20’ consistently outperforms ‘pepe coin’, with the level of outperformance growing as interest in BTC20 mushrooms.
These results will likely be similar for other regions as the trading sessions begin in other parts of the world.
BTC20 Hits $3 Million in 9 days But Could Sell Out in Days
While it took only nine days to reach the $3 million milestone, BTC20 could hit its presale target of $6.05 million in a matter of days, given that it has raised over $1 million in just the last 24 hours.
BTC20 offers investors a chance to “turn back the clock” and purchase bitcoin when its price was $1 per token in 2011.
Given BTC20’s multiple benefits over bitcoin – it exists on the Ethereum blockchain, meaning it is more eco-friendly, has a high staking yield, and has access to the world of Decentralized Finance (DeFi) – investors are keen not to miss out.