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US and India Lead Meme Coin Craze, Shiba Inu Reigns Supreme: CoinGecko

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May 7 (Cointime) - According to a CoinGecko study, the US is leading the meme coin craze, accounting for 23.6% of the interest in 2023 so far, while India is a close second with 20.3% interest. Shiba Inu is the most popular meme coin in both countries, generating 60.7% of US interest and 55.8% of India's interest in meme coins. The recent trending crypto Pepe drove another 11.8% of meme coin interest in the US, followed by Bonk and Volt Inu.

Out of all European countries, the United Kingdom is the only representative on the top 10 list of global interest in meme coins, ranking third with approximately 16% share. However, CoinGecko did not provide information on which meme coins are most favored by Britons.

In total, the top 10 countries leading the meme coin craze in 2023 make up 82.9% or the majority of interest in the speculative assets.

Source: https://www.coingecko.com/research/publications/top-meme-coin-countries
India Shiba Inu
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