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Gemini report: Meme coins have become the main entry point for new crypto users, and 94% of holders further invest in traditional currencies
2025-05-27 11:24

Odaily News According to Gemini's latest "State of Crypto" report, more than 30% of new entrants in the United States, the United Kingdom, Australia and other places first purchased crypto assets as meme coins, and more than 94% of Meme coin holders subsequently invested in Bitcoin or Ethereum, showing that it is an important entry point for widespread adoption. In addition, 39% of investors in the United States have invested in cryptocurrencies through ETFs. Gemini pointed out that Meme coins are becoming a "training wheel" for new users to understand wallets, tokens and ecosystems due to cultural drive and low participation barriers. The current market value of meme coins has reached US$74.2 billion, accounting for a significant share of the global total crypto market value.