Memecoin A Gateway To Crypto Investment, Says Gemini Report
A recent report from crypto exchange Gemini reveals that 31% of U.S crypto investors purchased meme coins before moving on to more traditional cryptos. This would suggest that meme coins act as an entryway for many into the crypto space, which has interesting implications for this industry moving forward.
Meme coins occupy an interesting space in the crypto industry in that they have been both controversial and coveted. On the one hand, some crypto purists believe that tokens based on means and pop culture lore should not be taken seriously and taint the industry’s reputation. On the other hand, tokens like Dogecoin, BONK, and Pepe remain industry favourites and are heavily pursued by investors. As recent reports suggest, many…
