tldr; Gemini’s Global State of Crypto report highlights meme coins as a key entry point for new crypto investors, with 94% of meme coin owners also holding traditional cryptocurrencies. In the U.S., 31% of investors bought meme coins before Bitcoin or Ethereum. Globally, meme coins act as a gateway, fostering curiosity and deeper engagement in the crypto ecosystem. Despite being seen as speculative, meme coins hold significant market value. The report also notes growing crypto adoption as an inflation hedge and increased institutional access through ETFs.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
partymsl on
Those are not investors, those are gamblers.
Interesting-Cow-1652 on
The stodgy, traditional types will hate to hear this, but we live in an era where it’s possible for stupid people to get rich.
Just look at OnlyFans – it’s generated several airhead millionaires. Meme coins are no different. You can hate the trend and continue working at Wendy’s or you can profit off it.
Azzuro-x on
Earlier it was ICOs then NFTs, now it is the meme coins.
Happy_Weed on
What are good coins to buy?
yolandis_cervix on
I sold all (ok I still have 3)my meme coins even at a loss… now my big 4 are Bitcoin Eth hbar xlm
bitcoin_islander on
Its funny until you realize dogecoin does 100-300x every bull run
Anarchyupuranus on
Yeah my turbo toad is sort of saving my portfolio. Wish I held on to my gigachad- LOL
Bundess on
#C
Anderson822 on
Meme Coins Are Fueling a Global Wave of New Crypto Rugpulls and Scams. Fixed it.
Maleficent_Sound_919 on
Memecoins are fueling casino behaviour
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tldr; Gemini’s Global State of Crypto report highlights meme coins as a key entry point for new crypto investors, with 94% of meme coin owners also holding traditional cryptocurrencies. In the U.S., 31% of investors bought meme coins before Bitcoin or Ethereum. Globally, meme coins act as a gateway, fostering curiosity and deeper engagement in the crypto ecosystem. Despite being seen as speculative, meme coins hold significant market value. The report also notes growing crypto adoption as an inflation hedge and increased institutional access through ETFs.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Those are not investors, those are gamblers.
The stodgy, traditional types will hate to hear this, but we live in an era where it’s possible for stupid people to get rich.
Just look at OnlyFans – it’s generated several airhead millionaires. Meme coins are no different. You can hate the trend and continue working at Wendy’s or you can profit off it.
Earlier it was ICOs then NFTs, now it is the meme coins.
What are good coins to buy?
I sold all (ok I still have 3)my meme coins even at a loss… now my big 4 are Bitcoin Eth hbar xlm
Its funny until you realize dogecoin does 100-300x every bull run
Yeah my turbo toad is sort of saving my portfolio. Wish I held on to my gigachad- LOL
#C
Meme Coins Are Fueling a Global Wave of New Crypto Rugpulls and Scams. Fixed it.
Memecoins are fueling casino behaviour