Web Search Stats Show Rising Interest For Facebook Libra

With the recently unveiled Libra cryptocurrency by Facebook which is hot in the altcoin news all over the world, China has emerged as a perhaps surprising leader when it comes to the public interest about cryptocurrency in general. New web search stats show that despite the fact that cryptocurrency is banned in the country, the searches on it are soaring at press time.

The top two hottest search trends on the web search giant Weibo address a Chinese film celebrity’s jealous children as well as the first movement of Leonardo da Vinci and his iconic Mona Lisa painting outside the Louvre since 2005. Facebook Libra searches are currently ranking in third place and were in the second place before that.

The web search stats also show that the regional fascination in Facebook’s proposed stablecoin – which is meant to provide a means of payment initially – could expand to their use cases in time. The data shows that this is viral on many best cryptocurrency news sites but also a hot topic on Google Trends.

As Google’s web search stats show, there are more and more people looking for information on “Facebook Libra” which peaked around the time of June 18 when the Libra whitepaper was launched. This indicates that China is the number one ranked nation for that search term. Surprisingly, the US is down at number 14 on this list.

We should add that Google is officially blocked in China which is why the web search stats come from Weibo, the leading search engine provider in the country. And while the growing concerns from global regulators have also dominated the headlines in recent days, the Google searches for “Facebook Libra regulation” are currently too low to indicate any regional preferences.

Even though Libra may not see its launch to the public for a year or more (as the coming altcoin news show), plenty of people are searching for “Facebook Libra price” with Pakistan, Singapore and South Africa being the nations with the most searches on this term.

Overall, the web search stats show that Facebook’s token pales into insignificance when compared to Bitcoin, which appears an almost flat blue line dominated by the massive interest in the top cryptocurrency market value.