US President Donald Trump’s recent advancement to Memecoin market has been interested in searching for Google search for the term “Crypto” since 2021.
On January 18, Trump started its official Memecoin project two days before his inauguration. After the official Trump (Trump) token began, Melanie A Trump started his own title notes, Melania Melania. The two encryption assets were well performed during the launch, but eventually decreased sharply.
According to Google Trends data, search interest in “Crypto” has soared since the launch of Trump’s Memecoin. This period has reached the highest point since Bitcoin (BTC) was over $ 67,000 since November 2021.
Google search concern for the “Crypto” keyword. source: Google Trend
Keywords “Memecoin”, “BUY CRYPTO” and “Solana” have a surge in search interests when Trump announced the official meme tokens.
Trumpmemin Effect
In addition to searching for search, Trump Memoin has increased interest in encryption -related apps. On January 22, the encryption -oriented application dominated the financial category of Apple’s App Store in the United States. The top three applications include Crypto Trading Platforms Crypto.com, MOONSHOT and Coinbase.
Other apps such as Coinbase Wallet, Robinhood, Binance.us, Dex Screener and Krake are one of the top 30 free apps in categories.
Memecoin release also has made the number of new Solana addresses reaches the new all -time high. According to the data from the digital asset custody service copper, the number of new solar or addresses every day has reached almost 9 million before Trump’s inauguration.
Trump’s memo release was the first to attract many encryption investors. According to a survey by NFTEVENING on January 20, 42%of Trump Memecoin buyers purchased the first encryption.
relevant: Memecoins and Art Market shares similar economics -Ki Young Ju
Trump memes are risk
Some people recognize encryption that selects Trump Memoin as positive developments, but others think there is a risk of its own event. Crypto Scam Investigator Coffeezilla said Memecoin’s launch should be a crime.
On January 22, Maxine Waters, California’s representative, warned the lawmakers that Trump’s memes potentially cause danger to national security.
Moreover, since the price of Memecoin has fallen more than 60% since the highest, everyone who traded Memecoin is not a happy ending. Community members reported millions of losses.
https://www.youtube.com/watch?v=jmqj01_zka8
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