2017 Euphoria Basket (Google Trends)
Stacked area of the four 2017-cycle terms the producer ranks highest by their sum over the entire history it processes, taken from the seven terms the basket tracks ('ICO', 'mining rig', 'hardware wallet', 'altcoin', 'bitcoin millionaire', 'coinbase app', 'bitcoin atm'); the names of the four bands come from the producer's own labels, and the three terms that are not plotted never enter the total. Identifies cycle-similarity zones - when these terms re-accelerate, the market may be entering a 2017-style speculative phase.
What is it?
A stacked-area chart of the four 2017-cycle terms the producer ranks highest by their sum over the entire history it processes, taken from the seven terms the basket tracks ('ICO', 'altcoin', 'mining rig', 'hardware wallet', 'bitcoin millionaire', 'coinbase app', 'bitcoin atm'). The four bands are named from the producer's own labels, so the legend follows the ranking instead of a fixed list, and the three terms that are not plotted never enter the total. When these terms re-accelerate, the market may be entering a 2017-style speculative phase.
How to read
Each color band represents one term's contribution to the basket. Total height = aggregated retail attention. Compare the shape vs the original 2017 peak - a similar stacked silhouette suggests cycle-similarity.
Key zones
Top-4 basket sum above ~200 historically marks ICO-mania territory (saturation - the 2017 December peak printed 294). Sub-50 = the basket is dormant, no 2017-style mania in play. Cycle-similarity verdict requires comparison with the modern retail basket.
What to observe
Watch the plotted terms for breakouts - these are 2017-specific markers that, if they re-accelerate, suggest the speculative phase mirrors the previous mania (often a precursor to a top within 6-9 months). If only modern terms (memecoin, airdrop) are rising while the 2017 basket stays low, the speculative phase is different in character.
Historical context
The four-term 2017 basket stored by the producer peaked in December 2017 at 294, the sum of the four terms it retains over the whole history it processes. It fell back to about 80 by mid-2018 and has not exceeded about 215 since, which means the 2021 and 2024 episodes did NOT re-use the 2017 speculative vocabulary.
Expert notes
The absence of 2017-vocabulary re-acceleration in 2021/2024 is a strong cycle-different indication - retail rotated to new narratives (memecoins, NFTs, airdrops). Each cycle has its own speculative vocabulary; Trinity tracks both legacy and modern baskets to measure cohort change. The four terms plotted are those the producer ranks highest by their sum over the whole history it processes, and the legend carries the names it publishes for them; terms that are not plotted never enter the total.
Common mistakes to avoid
Do not expect the 2017 basket to peak again - those terms are now associated with a specific era. A low reading does NOT mean no speculation; it means speculation is happening through different vocabulary (see modern retail basket).
Programmatic access
REST API
curl -sS \
'https://api.trinityinsights.io/api/v1/narrative-intelligence/metrics/narrative-2017-euphoria-basket/data?timeframe=90d' \
-H 'X-API-Key: $TRINITY_API_KEY'MCP server
{
"tool": "get_chart_value",
"metric_id": "narrative-2017-euphoria-basket",
"timeframe": "1y"
}Required tier: pro. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.
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Institutional disclaimer
Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.