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2024 Crypto Trends: Google vs ChatGPT Search Insights
As cryptocurrencies continue to shape global financial trends in 2024, search engines and AI chatbots like Google and ChatGPT offer users valuable insights into the ever-evolving digital landscape. In this article, we explore the most searched crypto queries and how these platforms help users stay informed about the latest trends, investments, and technologies.
Today, search engines and chatbots have become the main tools for obtaining information in real time. With their help, users can easily find answers to their questions without spending a lot of time researching different sources. According to the Applause 2024 Generative AI Survey, 91% of respondents use chatbots for research, and 81% prefer them to search engines for basic queries. However, despite this, Google is still the main source of information and dominates the global search engine market with a 91.47% share.
In recent years, cryptocurrencies have become one of the most discussed topics in the world. This is no coincidence, as they attract the attention of not only investors but also ordinary users seeking to understand new financial instruments and technologies. In todayâs article, we will look at the most popular queries about cryptocurrencies in the world in 2024 and analyse them.
Why is Cryptocurrency One of the Top Topics in 2024?
In this yearâs report, The 2024 Geography of Crypto Report, analyst company Chainalysis confirmed that cryptocurrencies are no longer a niche for enthusiasts, but are becoming a financial reality for many countries. In 2024, they noted the growth of crypto activity in the Central and South Asia and Oceania (CSAO) region. According to Chainalysis, CSAO stands out with its own crypto market with a high level of activity and significant use of DeFi platforms and local exchanges.
The top list also includes countries such as the United States, Nigeria, the United Kingdom, and others with high activity in institutional transfers and crypto asset trading.
It is also worth noting that in 2023â2024, total crypto activity exceeded the figures for 2021. However, while last yearâs growth was concentrated in low-income countries, this year saw global growth in all countries, regardless of income level.
One of the factors that contributed to this was the launch of spot Bitcoin ETFs, which stimulated institutional transfers in high-income regions such as North America and Western Europe.
What Did People Google About Crypto in 2024?
As Google remains the main source of information today, letâs analyse the most popular queries about crypto this year:
One of the most common queries is âwhat is cryptocurrency and how does it work?â. These questions remain relevant, especially for beginners who want to better understand the technology. As the popularity of digital assets is constantly growing, the demand for educational materials and courses is also steadily increasing.
The next most popular queries are: âhow to invest, buy or trade cryptoâ. Interest in crypto investments is constantly growing, especially among the younger generation. In particular, the significant increase in the price of Bitcoin in 2024 (by 129.0%, according to CoinGecko) has further stimulated the search for buying and trading recommendations. However, it is important to do your own research before investing in any project.
Despite the fact that mining is no longer as popular as it used to be, the question âwhat is crypto mining?â remains relevant. The reasons for this are discussions about energy consumption in the industry, the launch of new mining pools, and mining bans in some countries.
Given the significant volatility of the crypto market, many users are looking for answers to the question âwhy is crypto down or crashingâ. Such queries often arise after high-profile news, such as the bankruptcy of major exchanges such as FTX.
Developers play a separate role, as another popular query is âhow to create a cryptocurrencyâ. The desire to create your own coin or token attracts start-ups and entrepreneurs looking for new opportunities in the market.
As the popularity of digital assets grows, the question arises of how to use them in everyday life. One of the queries that reflects this interest is âcrypto cardsâ. The reason for this is the growing interest in crypto payments and the variety of cards (e.g. Trustee, WhiteBIT Nova, Nexo Card) that allow for convenient transactions.
What Piqued ChatGPT Usersâ Interest in Crypto in 2024?
The popularity of chatbots for searching for information is gaining momentum. Therefore, it is worthwhile to find out whether crypto queries on Google and ChatGPT differ.
Just like on Google, users continue to search for answers to basic questions such as âwhat is cryptocurrency?â and âhow does crypto mining work?â among the most popular queries. Obviously, the relevance of these topics remains unchanged.
Google queries often concern practical advice: âhow to buy or invest in cryptoâ, while ChatGPT users are more specific in their requests. For example: âhow to buy bitcoinâ or âbest crypto to invest in 2024â. However, despite the popularity of such queries, it is important to remember: AI cannot guarantee profit. Instead, it can provide useful information about trends, popular coins, or current market news. Do not forget about the golden rule of DYOR (Do Your Own Research).
Queries seeking clarification of complex terms are also popular: âwhat is DeFiâ, âwhat is NFTâ, or âwhat is Ethereum 2.0?â. Unlike Google, the chatbot interprets answers in a clear and simplified way, which attracts users who want an easy explanation of complex topics.
Special attention should be paid to the popularity of such queries as: âcryptocurrency price predictionâ and âhow does ChatGPT predict crypto pricesâ. Despite the fact that AI does not have access to real-time data, users continue to be interested in such forecasts. The reason is the general interest in price forecasts and technical analysis. It is important to remember that AI tools are not perfect â the information obtained should be checked against reliable analytical resources.
According to Chainalysis, in 2024, there was a significant decrease in the total number of illegal cryptocurrency transactions. At the same time, some types of criminal activity showed a sharp increase. That is why the question âhow to secure crypto investments?â remains relevant. Users are looking for cybersecurity advice, recommendations on how to use cold wallets and avoid phishing schemes.
Google vs ChatGPT: Query Comparison
So, how do Google and ChatGPT queries differ?
- Type of queries: search for basic terms, instructions and practical advice.
- Features: quick access to information, concise and specific answers to your questions.
ChatGPT
- Type of queries: clarified questions, forecasts, explanations of complex topics.
- Features: detailed and clear explanations in a convenient interactive format.
Remember whatâs important
Cryptocurrencies continue to shape global trends in 2024, which is reflected in both queries to Google and artificial intelligence. While Google remains the main source of general information, chatbots such as ChatGPT are gaining popularity for providing detailed and clear answers. Both platforms complement each other by helping users find answers to both simple and complex questions.
However, crypto education and security should remain a priority for every user. And donât forget: always do your own research before investing in crypto.
Originally published at GNCrypto on December 28, 2024.
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