While memecoins continue to be in the spotlight of investors, a critical memecoin survey came from Binance, the world's largest cryptocurrency exchange.
Binance reported in a survey of global users that cryptocurrency investors have more memecoins in their wallets than Bitcoin.
Binance stated that this survey was conducted with over 27,000 users from six continents, including Asia, Australia, Europe, Africa, and Latin America.
The survey results revealed that cryptocurrency holders own more memecoins than Bitcoin.
16.1% of surveyed users stated that they own memecoins, while 14.4% of participants stated that they own Bitcoin (BTC). Memecoins and Bitcoin were followed by BNB with a rate of 14.2%.
Interestingly, survey participants holding BNB are outperforming Ethereum, which has a 10.9% investment rate.
The survey results show that memecoins are not only popular in terms of current investment rate, but also a cryptocurrency class that users are very excited about for the future.”
While Binance survey respondents indicated that they were optimistic that memecoins would become market leaders by 2025, AI altcoins took the first place despite memecoin expectations, with 23% of respondents predicting that AI altcoins would drive market growth in 2025.
Binance recently said that the survey results revealed that Binance Spot trading was the most widely used product among respondents. “25.89% of the 27,000 respondents identified Binance Spot as their preferred product. Binance Earn came in second, with 25.34% of users actively using its features to grow their crypto assets. Binance Convert came in third place, with 17.33% of respondents choosing it as their preferred tool for seamless crypto conversions. These results highlight the various ways Binance users interact with the platform’s ecosystem to meet their various financial needs,” Binance said.
*This is not investment advice.
