Data: The search volume for "Bitcoin" has dropped to its lowest point of the year, while the search volume for "memecoin" has surged

ChainCatcher news, according to Cointelegragh, the search volume for the term "Bitcoin" reached its lowest point in a year during the week of October 12, 2024. With 100 as the baseline, global interest in this search term has dropped to just 33 by the end of this week. Meanwhile, the search volume for "memecoin" during the same period was at 77%, but it has not yet surpassed the historical high of 100 set in late October 2023.

However, Ki Young Ju, CEO and founder of CryptoQuant, believes that due to the continued high interest in these digital assets, the search volume for memecoin will return to its previous all-time high by the end of October 2024.