Earlier today Google launched a new feature called Hot Trends, which shows you the 100 hottest search terms on Google in near real time. You can also go back and browse the hot terms for previous days.
Note that this is not a list of the most popular searches on Google. Instead, Hot Trends “analyzes millions of searches to find those that are deviating the most relative to their past traffic.” Sounds good and useful.
The Google Blog has a post with a full explanation.
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