Memecoins
43% of memecoin investors prioritize real-world use, changing views on cryptocurrencies
AMBCrypto
TALLINN, Estonia, July 01, 2024 (GLOBE NEWSWIRE) — Memecoins are often considered a mere entertainment tool due to their gamified origins, but they are starting to be taken more seriously by savvy investors, according to the latest AMBCrypto survey (part of AMBCrypto’s June report). Memecoins are moving beyond mere speculation to become meaningful parts of the blockchain world.
-
Focus on usefulness: A whopping 43% of respondents say they are looking for memecoins that have practical, real-world uses, showing a shift from simply gambling on price movements to considering their longer-term potential.
-
Demographic trends: The survey highlights that younger investors, particularly those aged 18 to 24, are more enthusiastic about these coins than older groups, indicating a generational shift in the way cryptocurrencies are perceived and used.
-
Looking to the future: More than 30% are investing in memecoins for future growth, suggesting that these investors view them as more than just a quick way to make money; they believe in the lasting value of memecoins.
The report also examines emerging trends in the broader cryptocurrency market. To explore in-depth analysis of the crypto market, including insights on Bitcoin, Ethereum, and Cardano, you can access the full report. here. If you have any questions or need more details, we can connect you with an AMBCrypto expert for additional information.
About AMBCrypto
Launched in 2018, AMBCrypto is a leading crypto news platform powered by a passionate team of journalists and blockchain enthusiasts. Trusted by major tech companies like Amazon, Facebook, X, Microsoft, and Tesla. We strive to demystify the world of crypto by providing in-depth analysis, breaking news, and simplified explanations.
Media Contact:
Manisha Mishra
AMBCrypto
news@ambcrypro.com
https://ambcrypto.com/
