CandleFocus

Meme coin searches reach a peak, hint at mainstream interest

Author: Content Editor
The search interest in 'meme coin' has surged on Google, indicating growing mainstream interest in these types of cryptocurrencies. This interest is higher than during the 2021 bull market and suggests that newcomers to the crypto space are discovering meme coins for the first time. YouTube searches also reflect this trend. Meme coins are growing rapidly, with new memes being created at a fast pace. Major platforms like Binance, Coinbase, and Robinhood have also started listing meme coins. Pump.fun, a platform for creating new tokens, has seen a significant increase in activity and daily fees. The site has gained popularity and is attracting users from English-speaking countries, particularly the USA. However, it also has a substantial user base in Southeast Asia, especially Vietnam. Most users of Pump.fun are aged under 34, with a significant representation from the 18-24 age bracket. Overall, the rise of meme coins is turning into a mass appeal event, but not all participants in this market are equally successful.

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