A recent study reveals a significant portion of meme coin fascination originates from the United States, India, and the United Kingdom.
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and the U.K., encompassing over half of the top ten countries’ interest driving the meme coin phenomenon.On May 3, 2023, crypto market aggregator coingecko.
India holds second place in contributing to the meme coin frenzy with 20.3% of interest. SHIB also earns its position as India’s most popular meme token followed by baby doge coin . In the Philippines, floki inu tops their list of preferred tokens while Nigeria’s favorites are floki and arbdoge ai. According to Coingecko’s report, lesser-known meme coins also gain traction in both countries.
“People are by far most interested in shiba inu, which drove 46.7% of interest among the top meme coins in 2023,” the analysis notes. “Baby doge coin generated 12.3% of meme coin interest, followed by more recent meme coins pepe , floki and bonk .” The research indicates that PEPE dominates the Canadian market with 26.9% of attention, while dogecoin claims the top spot in Morocco. As for methodology, the study utilized the total page views for the highest-ranking 15 meme coins by market capitalization in May 2023.
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