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Judging by the number of crypto-related internet searches, the Netherlands came in as the most crypto-curious country among all 46 European nations, according to Dua Crypto’s European Crypto Index.
Slovenia and Switzerland followed the Netherlands as the second and third, while the U.K. was ranked 11th, according to Dua Crypto’s data. The study also indicated that Bitcoin (BTC) was the most preferred cryptocurrency in 35 countries out of 46. Dogecoin (DOGE) became the second most preferred crypto, while Ethereum (ETH) was fourth.
The study assessed over 40 million Google search queries created from 46 European countries. The queries were filtered by 191 most important crypto-related keywords to calculate the crypto-curiousness of each nation.
Top 10 most crypto-curious countries
Recording over 2 million search queries, The Netherlands ranked first with 0.13 searches per capita. Slovenia followed as a close second with 0.12.
Top 10 countries with highest searches per capita (Source: Dua Crypto)
Even though it claimed the third spot, Switzerland’s search per capita sat at 0.08, marking a significant gap from Slovenia. The U.K. ranked just below the Czech Republic at the 11th spot with 0.0621.
Belarus, Moldova, and Russia occupied the last three spots on the list with 0.008, 0.0069, and 0.005 searches per capita, respectively. No data was found for Kosovo, Monaco, and Vatikan, which placed them at the 44th, 45th, and 46th spots on the list.
Dogecoin: second most preferred crypto
The study also demonstrated the BTCs dominance over the region as it emerged as the most preferred crypto in 35 countries out of 46 that were included in the study. It was also the most preferred crypto choice of the region’s top three most crypto-curious nations.
According to the study, Ireland, Estonia, Lithuania, Latvia, Greece, Romania, and Moldova preferred DOGE over BTC, while Andorra favored PancakeSwap (CAKE).
European crypto index map (Source: DuaCrypto)
Overall, DOGE became Europe’s second most preferred crypto, with Shiba Inu (SHIB) as a close third. On the other hand, ETH was ranked as the fourth choice of the region.
Cardano (ADA), Terra Classic (LUNC), Axie Infinity (AXIE), and Stellar(XLM) also appeared in the rankings as the third favorite crypto choice of The Netherlands, Iceland, Andorra, and San Marino, respectively.