Matrixport: Google Trends shows that Solana and BTC are gaining popularity, while ETH and Memecoin are approaching their all-time lows

PANews reported on March 5 that according to the latest report from Matrixport, Google Trends data showed that the global search popularity of Solana and Bitcoin has increased over the past five years, while the attention on Ethereum and Memecoin has been sluggish, close to its historical low.

It is worth noting that Memecoin issuance and trading activity dropped sharply after the launch of $TRUMP, while Google Trends data also reflects extremely low overall interest. $TRUMP tokens have fallen 82% from their peak and are currently showing no significant signs of recovery.

The report points out that historically, sharp drops in search interest tend to be associated with sharp price drops, a trend that is particularly evident in the Memecoin space. The analysis suggests that investors should focus on assets that are gaining market momentum, such as Solana and Bitcoin, rather than assets that are in a slump.

Matrixport: Google Trends shows that Solana and BTC are gaining popularity, while ETH and Memecoin are approaching their all-time lows

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Author: PA一线

This content is for market information only and is not investment advice.

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