Howard Schultz, a billionaire businessman and the CEO of Starbucks, revealed in a Public Discussion on April 4 that the firm plans to join the NFT market in 2022. A few hours later, the corporation acknowledged the information.
Though Schultz did not give a specific timetable for the firm's transition to NFT, he stated it would happen "sometime before the end of this calendar year."
While speaking at the event, Schultz queried people’s knowledge of the NFTs. He also asked the number of audiences involved or participated in its investment. Although many of almost none of the audience responded to having invested before, Schultz announced that the sector is still at its maturation stage, and his firm has everything required to join the ecosystem.
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Starbucks might become even more crypto-friendly due to Schultz's recent position as CEO. It's worth noting that other major corporations aren't just funding NFT drops; they're also building new crypto experiences like metaverse shops and cooperation with other crypto initiatives.
Recent research carried out by Coin Insider examined Google Trends data to discover the crypto asset being searched most according to the number of states. The survey found that Dogecoin came out as the coin with the highest search volume power in the Google trend data. According to the report, the meme coin has a high search volume in 23 states.
Dogecoin (DOGE) is now the 12th most valuable cryptocurrency, with a market capitalization of $19.8 billion. DOGE is also the most valuable meme-coin asset among the $36.4 billion in meme-based digital currencies. According to Coin Insider's data, Dogecoin has taken over 23 states in the US.
However, ten states backed bitcoin (BTC). According to Google Trends (GT) statistics, the search phrase "bitcoin" gets a rating of 29 out of 100 in the United States. During the week of May 16-22, 2021, the search phrase "bitcoin" received a rating of 100 for the first time.
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According to Coin Insider's study, dogecoin's success is partially attributable to Elon Musk's recent promotion of the meme-coin. According to Coin Insider's research, "the spike in attention can be largely linked to Elon Musk's backing, who announced in 2021 that Tesla will adopt Dogecoin as a means of payment."
