{"id":564781,"date":"2020-11-28T19:43:31","date_gmt":"2020-11-28T16:43:31","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=564781"},"modified":"2020-11-28T19:43:31","modified_gmt":"2020-11-28T16:43:31","slug":"xrps-google-search-interest-spikes-to-december-2017-levels","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/xrps-google-search-interest-spikes-to-december-2017-levels\/","title":{"rendered":"XRP&#8217;s Google Search Interest Spikes to December 2017 Levels"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>XRP&#8217;s Google search interest is back to early December 2017 levels<\/strong><\/li>\n<li><strong>Interest in the remittance coin has been primarily due to the Flare Networks snapshot<\/strong><\/li>\n<li><strong>The snapshot will occur on the 12th of December and will be supported by several major exchanges<\/strong><\/li>\n<li><strong>FOMO could kick in leading up to the snapshot causing XRP to push above the recent high of $0.78<\/strong><\/li>\n<\/ul>\n<p>According to Google Trends, <a href=\"https:\/\/trends.google.com\/trends\/explore?q=xrp&amp;geo=US\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">search interest<\/a> in the remittance coin of <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/latest-ripple-xrp-news\/\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> on a global level has increased to levels last seen in December of 2017. The chart below, courtesy of Google, further demonstrates this fact.<\/p>\n<h2><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th.jpg\"><img class=\"aligncenter size-large wp-image-564782\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-1024x420.jpg\" alt=\"\" width=\"1024\" height=\"420\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-1024x420.jpg 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-300x123.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-770x316.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-500x205.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-1155x475.jpg 1155w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-240x99.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th-717x294.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/11\/XRP-Google-Trends-Nov-28th.jpg 1157w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><\/a>Flare Networks Snapshot &#8211; Why XRP is Trending<\/h2>\n<p>XRP trending in Google is attributed to three facts. Firstly, <a href=\"https:\/\/en.ethereumworldnews.com\/poloniex-kucoin-to-support-xrps-flare-networks-snapshot-and-airdrop\/\" target=\"_blank\" rel=\"noopener noreferrer\">the Flare Networks snapshot<\/a> scheduled for the 12th of December has reignited interest in remittance coin <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-ledger-new-account-activations-hit-1-year-highs-of-4224-per-day\/\" target=\"_blank\" rel=\"noopener noreferrer\">as investors rush<\/a> to own XRP to capitalize on the eventual airdrop of Spark Tokens. Airdropped tokens are usually viewed as free assets thus providing an incentive for investors to own XRP.<\/p>\n<p>Secondly, the interest in XRP due to the Flare Networks snapshot has resulted in buying demand for the digital asset. This demand has pushed the value of XRP higher in the crypto markets. XRP <a href=\"https:\/\/en.ethereumworldnews.com\/xrps-0-50-support-holds-amidst-crypto-market-selloff\/\" target=\"_blank\" rel=\"noopener noreferrer\">recently posted<\/a> a 2-year peak value of $0.78 thus arousing the curiosity of traders and investors who want to get in on the possible parabolic run leading up to the Flare Networks snapshot.<\/p>\n<p>Thirdly, Crypto Analyst Timothy Peterson, had earlier this month foreshadowed that XRP would begin a bullish climb that will result in the digital asset <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-could-outperform-bitcoin-in-2021-crypto-analyst\/\" target=\"_blank\" rel=\"noopener noreferrer\">eclipsing Bitcoin in gains<\/a> next year. Mr. Peterson&#8217;s forecast was reiterated by Crypto Analyst MagicPoopCannon who accurately predicted <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-could-rally-above-0-80-to-test-0-92-analyst\/\" target=\"_blank\" rel=\"noopener noreferrer\">XRP testing the $0.80 price area<\/a>.<\/p>\n<h2>XRP Could Retest $0.78 and Push Higher Before December 12th<\/h2>\n<p>As earlier mentioned, the Flare Networks snapshot is on the 12th of December. This gives XRP roughly two weeks to capitalize on the hype surrounding the event.<\/p>\n<p>This fact coupled with an increase in Google search interest in XRP could result in a FOMO scenario that could propel the remittance coin to heights last seen in December 2017 and January 2018.<\/p>\n<h2>Bitcoin Could Ruin the Party for XRP<\/h2>\n<p>As with all altcoins, traders and investors of XRP are reminded that Bitcoin needs to remain calm between now and December 12th for the remittance coin to thrive. Therefore, having an eye out for any sudden maneuvers in either direction by Bitcoin is highly advised.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: XRP&#8217;s Google search interest is back to early December 2017 levels Interest in the remittance coin has been primarily due to the Flare Networks snapshot The snapshot will occur on the 12th of December and will be supported by several major exchanges FOMO could kick in leading up to the snapshot causing XRP to push above the recent high of $0.78 According to Google Trends, search interest in the remittance coin of XRP on a global level has [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":564786,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4656],"tags":[108195,84,108200,6957],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/564781"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=564781"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/564781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/564786"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=564781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=564781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=564781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}