Memecoins
43% of memecoin investors prioritize real-world use, changing their view of cryptocurrencies
AMBC Encryption
TALLINN, Estonia, July 1, 2024 (GLOBE NEWSWIRE) — Memecoins are often seen as just fun due to their playful origins, but they are starting to be taken more seriously by savvy investors, according to the latest AMBCrypto survey (a part of AMBCrypto’s June report). Memecoins are moving beyond mere speculation to become significant parts of the blockchain world.
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Focus on utility: A notable 43% of respondents say they look for memecoins that have practical, real-world uses, showing a shift from simply gambling on price movements to considering their long-term potential.
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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 how cryptocurrencies are viewed and used.
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Looking at the future: Over 30% invest in memecoins with their future growth in mind, which suggests that these investors see them as more than just a quick way to make money: they believe in the lasting value of memecoins.
The report also delves into emerging trends within the broader cryptocurrency market. To explore an in-depth analysis of the cryptocurrency market, including insights into Bitcoin, Ethereum and Cardano, you can access the full report Here. If you have questions or need additional details, we can connect you with an AMBCrypto expert for further insights.
About AMBCrypto
Launched in 2018, AMBCrypto is a leading cryptocurrency news platform powered by a passionate team of journalists and blockchain enthusiasts. It is trusted by major technology companies such as Amazon, Facebook, X, Microsoft, and Tesla. We are committed to demystifying the world of cryptocurrency by providing in-depth analysis, breaking news and simplified explanations.
Media contact:
By Manisha Mishra
AMBCrypto
news@ambcrypro.com
https://ambcrypto.com/
