Added

Cryptocurrency financial services platform Matrixport released a market analysis today (5th). Google search trends show that the market's attention to Solana and Bitcoin has been rising recently, while Ethereum and meme coins are still in a slump, with search volume close to historical lows.

It is worth noting that since the launch of the TRUMP meme coin, the issuance and trading activity of meme coins have clearly shrunk, and this trend is also reflected in Google search data, with the overall market interest in such assets having dropped to an all-time low.

Declining heat affects price trends, TRUMP tokens plummet 82%

Matrixport said that based on historical data, when the search heat of a certain asset drops significantly, it is often accompanied by a sharp price decline, and the TRUMP meme coin is a typical case.

The TRUMP President meme coin was launched in January, and its price soared rapidly at that time, reaching a high of $77.24. However, as market sentiment cooled, the price gradually declined. As of today, the latest price of the TRUMP token is $13.13, a plunge of 82% from its historical high.

This also means that if investors only chase short-term market hype, they may face greater price decline risks in the future, especially in meme coins.

Lack of new topics in the market, traders should focus on momentum assets

In the current market lacking clear new topics, Matrixport believes that traders should focus their attention on assets with gradually increasing market momentum, such as Solana and Bitcoin, rather than targets with continuously declining heat and potentially further price weakening.

Added

Cryptocurrency financial services platform Matrixport released a market analysis today (5th). Google search trends show that the market's attention to Solana and Bitcoin has been rising recently, while Ethereum and meme coins are still in a slump, with search volume close to historical lows.

It is worth noting that since the launch of the TRUMP meme coin, the issuance and trading activity of meme coins have clearly shrunk, and this trend is also reflected in Google search data, with the overall market interest in such assets having dropped to an all-time low.

Declining heat affects price trends, TRUMP tokens plummet 82%

Matrixport said that based on historical data, when the search heat of a certain asset drops significantly, it is often accompanied by a sharp price decline, and the TRUMP meme coin is a typical case.

The TRUMP President meme coin was launched in January, and its price soared rapidly at that time, reaching a high of $77.24. However, as market sentiment cooled, the price gradually declined. As of today, the latest price of the TRUMP token is $13.13, a plunge of 82% from its historical high.

This also means that if investors only chase short-term market hype, they may face greater price decline risks in the future, especially in meme coins.

Lack of new topics in the market, traders should focus on momentum assets

In the current market lacking clear new topics, Matrixport believes that traders should focus their attention on assets with gradually increasing market momentum, such as Solana and Bitcoin, rather than targets with continuously declining heat and potentially further price weakening.