Bitcoin might be the most popular and leading cryptocurrency in the world, but its popularity in the United States doesn’t match that of another crypto. Weiss Ratings has revealed that XRP is more popular in the US compared to Bitcoin.
In a tweet by Weiss Ratings, the company revealed that XRP was more famous than BTC in the US last year. They stated that “According to Google Trends last year, the number of US users searching for “how to buy #Ripple” was greater than the popular search engine query “how to buy #Bitcoin.” This should make #XRP fans happy.”
This comes as a surprise to many as Bitcoin had been the primary investment tool for people venturing into the cryptocurrency space. However, Ripple has been making some positive headlines since the start of the year. Weiss, in its report last month, noted that it believes XRP to succeed this year. The rating company looked into 120 cryptocurrencies and ranked them according to their technology and the likelihood of their success. Topping that list is XRP, followed by EOS and Bitcoin. XRP was considered the best cryptocurrency in terms of adoption and technology.
However, at the top of the list after considering risk and reward ratios is EOS, followed by XRP and Bitcoin. The rating agency believes that XRP is currently the second-best cryptocurrency just behind EOS and ahead of Bitcoin and Ethereum. XRP has started gaining a lot of usage as more banks and financial institutions across the globe sign up to make use of Ripple products such as xRapid and others. The interest in the cryptocurrency and Ripple’s remittance products by financial institutions could be one of the reasons why US investors are interested in learning more and the various ways to invest in it.
Weiss Ratings: In the US, Ripple (XRP) More Popular than Bitcoin (BTC), EthereumWorldNews, Apr 04