‘What Is an NFT’ the Most Searched for Crypto-Related Phrase in the US — Study

The operation “What is an NFT?” has been the astir searched for crypto-related word with 39,459 mean monthly queries, an investigation of astir 300 questions has shown. With a hunt complaint of 26,283, the queries for the operation “What is the blockchain” were 1,681% much than the mean hunt measurement for the analyzed questions.

U.S. Residents Most Curious About NFTs

An investigation of often searched cryptocurrency presumption and phrases by U.S. residents has shown that non-fungible tokens (NFTs) are the “most queried taxable successful the country.” With the measurement of queries totaling 39,459, the hunt word “What is an NFT?” turned retired to beryllium 2,575% much than the mean volume” for the astir 300 questions analyzed by Marketplace Fairness. The lone Google crypto-related searches and queries to surpass those of NFTs were for “What is cryptocurrency?” which averaged 39,466.

In the meantime, the investigation suggested that U.S. residents searched for the operation “What does NFT basal for?” an mean of 13,516 times per month. This figure, according to the analysis, was 816% much than the average.

Searches for Blockchain

The investigation shows that aft NFTs, Americans were funny successful the operation “What is the blockchain?” With a hunt complaint of 26,283, the queries for this operation were 1,681% much than the mean hunt measurement for the analyzed questions. In contrast, the mean fig of searches for the operation “What is the blockchain technology?” stood astatine 5,285 portion those for the word “How does the blockchain work?” averaged 1,419.

With an mean hunt complaint of 4,683 times each month, queries for the operation “How does cryptocurrency work?” are 217% higher than the average, the investigation suggested. The monthly mean Google queries connected “What is cryptocurrency mining?” stood astatine 6,725 portion those for the operation “How to excavation cryptocurrency?” averaged 1,866.

According to Marketplace Fairness’ analysis, mean monthly searches for the word “decentralized finance” stood astatine 2,850, a fig 93% supra the average.

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