Interest in the Shiba Inu cryptocurrency has fallen to the lowest level in the last year

According to Google, the number of Shiba Inu searches has fallen to its lowest level in the last year, all due to the token’s falling value.

From July 10 to July 16, Shiba Inu searches were at the 4th level of popularity out of 100 possible, which was the lowest for the token since May 2021. Also, users are no longer interested in buying SHIB, and the number of searches for «buy Shiba Inu» has decreased.

However, despite the general decline in interest in Shiba Inu worldwide, residents of some countries continue to support the token and invest their own savings in it. Thus, users from the Netherlands lead the ranking of Shiba Inu fans, followed by investors from the United States, Nigeria, Canada, and Australia.

It is interesting that in early July, members of the CoinMarketCap cryptocurrency community predicted an increase in the SHIB price by the end of July. At that time, 16,403 users were convinced that by July 31, SHIB would be trading at $ 0.1039 (which is about 101% higher than the price on July 5). At the time of writing, the value of Shiba Inu is $ 0.105. However, there are still 5 days left until the end of the month, so perhaps SHIB will still have time to meet the expectations of users.