Cryptographic investors are still accumulating in Memecoins despite the huge risks associated with this type of digital asset, Kraken said in a report on Wednesday, after conducting a headline survey in the United States.
85% of respondents said they invested in Memecoins, and 76% said they believed that “potential rewards justify the risks.”
Surprisingly, “44% of crypto holders believe that Memecoins will improve the credibility of the cryptography market,” and 42% said they expected them to exceed other cryptocurrencies this year, according to the report.
The fear of getting lost (Fomo) was summoned as one of the main reasons to invest in these highly volatile crypts. The recommendations of friends and family, and the fun nature of the tokens were also mentioned as reasons to invest.
Memecoins has recently been drawing attention, but for all the wrong reasons. The apparent Rugptull Token Libra has wrapped to the Argentine government. Cryptography increased to a market capitalization of around $ 4.5 billion before blocking 90%.
29% of Memecoin holders said that short -term gain was the main reason why they bought these cryptocurrencies, with 23% citing diversification as another reason to invest.
Women were more likely to buy these cryptocurrencies than men. 86% of cryptocurrency headlines said they invested in Memecoins versus 84% of men, according to the survey.
Kraken surveyed almost 800 cryptography headlines in the United States on January 9, 2025.
Read more: APARENT LIBRA RUG PULL is the last ‘deafiness episode’ emerging from the Memecoin de Solana complex: Galaxy
