Meme cash have been dominating the cryptocurrency house for some time now. Several property like Shiba Inu (SHIB), Dogecoin (DOGE), and PEPE have been a part of the highest 20 all year long. DOGE has notably been on the prime with its newest value motion as effectively. It looks like the general neighborhood has been inclined in the direction of the meme coin market. A current research by Binance, a cryptocurrency exchange, highlights this progress. Over 27,000 customers from Asia, Australia, Europe, Africa, and Latin America have been sampled for the survey.
Bitcoin Holders Take a Back Seat
According to the report, cryptocurrency holders have extra meme cash of their wallets than Bitcoin. Meme cash are the preferred cryptocurrency amongst these surveyed, with 16% of respondents reporting having them. With 14.4% of members reporting having some of their wallets, Bitcoin got here in second. The exchange mentioned,
“The survey results suggest that meme coins are not only popular in terms of current holdings but are also the class of digital assets that users are highly excited about for the future.”
In addition, ETH, which makes up 10.95% of survey respondents’ whole holdings, is surpassed by BNB holdings. Together, the opposite prime layer-1 tokens account for 10.38%.
AI Tokens To Dominate 2025
Moving over meme cash, respondents to the Binance research expressed optimism that meme cash will lead the market in 2025. About 23% of respondents said that they consider AI tokens would propel market enlargement within the upcoming yr, inserting them on the prime of the checklist.
But meme cash weren’t ignored. Elaborating on the identical, Binance wrote,
“Memecoins come in second, with 19.09% of respondents showing confidence in their potential rise, followed by DeFi tokens at 12.37% and layer-1 tokens at 12.28%.”
