43% of memecoin investors prioritize real-world use,

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TALLINN, Estonia, July 1, 2024 (GLOBE NEWSWIRE) — Memecoins are often viewed as mere fun coins due to their playful origins, but smart investors are starting to take them more seriously, according to the latest AMBCrypto survey (part of the June AMBCrypto Report). Memecoins are moving beyond mere speculation to become meaningful parts of the blockchain world.

Focus on utility: 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 looking at their long-term potential. Demographic trends: The survey suggests that younger investors, particularly those aged 18-24, are more enthusiastic about these coins than older groups, indicating a generational shift in how cryptocurrencies are viewed and used. Looking to the future: Over 30% are investing in memecoins with an eye toward their future growth, indicating 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 covers emerging trends in 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 any questions or require more details, we can connect you with an AMBCrypto expert for additional insights.

About AMBCrypto

Launched in 2018, AMBCrypto is a leading cryptocurrency news platform backed 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 cryptocurrency by providing in-depth analysis, breaking news, and simple explanations.

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Media Contact:
Manisha Mishra
MB Crypto
News@ambcrypro.com
https://ambcrypto.com/

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