President-elect Donald Trump’s entry into the meme coin market contributed to the popularization of crypto assets among the general public. This development has led to increased interest in cryptocurrencies.
Google Trends Data
According to Google Trends data, the search for “how to buy crypto” has reached the highest level of interest worldwide. This was one of the highest search values seen in five years. It shows that people’s interest in investing in cryptocurrencies is increasing.
Trump and his wife Melania launched meme coins named TRUMP and MELANIA. These cryptocurrencies reached several billion dollars in market value in a short time. Analysts state that this step helps cryptocurrencies become mainstream.
Expert Opinions and Future Expectations
Former Coinbase CTO Balaji Srinivasan stated that moving tokens to blockchains is ethically okay. On the other hand, analyst Trevorbtc stated that Trump’s memecoin move paved the way for the loosening of crypto regulations in the USA.
Balaji Srinivasan shared his views on the relationship between tokens and equity.
Trevor.btc said Trump’s move is a catalyst for crypto liberalization.
Overton Window theory determines society’s acceptable ideas and policies. Trump’s steps regarding cryptocurrencies show how this theory changes the perception of cryptocurrencies. As cryptocurrencies become mainstream, investors’ search for information is expected to increase. However, there is no guarantee that the increased interest will immediately turn into investment pressure.
These developments in crypto markets continue to create new opportunities and risks for investors. How the markets will be shaped will become clear in the future.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
