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Trump’s Memecoin Launch Sparks Global Crypto Search Surge

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Donald Trump Memecoin Crypto Market Surge

WASHINGTON, D.C. — The cryptocurrency market is experiencing unprecedented interest following President-elect Donald Trump‘s launch of his own memecoin, TRUMP, and his wife Melania‘s coin, MELANIA. The coins quickly soared to billions in market capitalization, sparking a global surge in searches for “how to buy crypto.” Google Trends data shows the search query has hit a peak popularity score of 100, the highest possible value, indicating widespread retail investor curiosity.

Google Trends, which measures search interest on a scale of 0 to 100, reported the spike in searches for “how to buy crypto” over the past week. A score of 100 represents the maximum search volume observed in the last five years. While the spike does not guarantee increased buying activity, it reflects growing public interest in cryptocurrencies.

Trump’s foray into the crypto space has been described as a game-changer by analysts. The President-elect is rumored to be considering the creation of a strategic bitcoin reserve, akin to the U.S. oil reserve, and may declare cryptocurrency a national policy priority. These plans could be hinted at during his upcoming speech on Monday.

Balaji Srinivasan, former CTO of Coinbase, commented on the development, stating, “If everything is now legal, many startups will try raising funds by issuing tokens as explicit crypto equity. The SEC distorted the market for the last decade by forcing founders to obscure the obvious analogy between tokens and equity. But there is nothing morally wrong with moving equity from spreadsheets and NASDAQs to blockchains.”

The launch of Trump’s memecoin has also shifted the Overton Window, a concept that describes the range of ideas acceptable in public discourse. Analysts argue that Trump’s move has brought cryptocurrency from the fringes to the mainstream. Pseudonymous analyst Trevor.btc noted, “The $TRUMP memecoin just ripped the bandaid off and shifted the Overton Window for crypto deregulation in the U.S. Now’s the time to look towards areas of crypto hampered by regulation and shoot first, ask questions later.”

As the crypto market continues to evolve, Trump’s involvement is expected to have far-reaching implications for both regulation and public perception of digital assets.