UAE is second country most interested in cryptocurrency since April crash

• CoinGecko analysis reveals Nigeria as the country most interested since the crypto market crashed  by examining Google Trends data of search terms.

The United Arab Emirates (UAE) is the second most curious country about cryptocurrency since the market crash in April this year, after Nigeria.

According to a research carried out crypto price tracker CoinGecko by examining Google Trends data of search terms, UAE, with a total search score of 270, has the second-highest proportion of its population searching for both the word ‘cryptocurrency’ and the term ‘invest in crypto’, placing it second in the ranking. 

With a total search score of 371, Nigeria topped the list for its population having the highest search levels for the phrases ‘cryptocurrency’, ‘invest in crypto’ and ‘buy crypto’ worldwide.

Additionally, the population of Nigeria searches for the cryptocurrency ‘Solana’ the third most worldwide. 

Singapore placed as the third country most interested in cryptocurrency since April this year.

The Southeast Asian country has the third-highest level of searches for the term ‘buy crypto’, in addition to being the country searching for the cryptocurrency ‘Ethereum’ the most worldwide, giving Singapore a total search score of 261. 

Australia is placed fourth and the UK in the fifth position.

 “This year, we see a major correction from previous bull cycle highs, which have resulted in significant price drawdowns in an unforgiving macroeconomic environment,” Bobby Ong, COO and Co-founder of CoinGecko, said.

Moreover, he said that the study provides interesting insight into which countries remain most interested in cryptocurrency in spite of market pullbacks.

“The countries at the top of this list appear to be keenest to buy the dip, and highlight their long-term outlook for cryptocurrencies.”