The post Gen Z investors lead in ‘financial nihilism’ with betting and meme tokens appeared on BitcoinEthereumNews.com.

Gen Z investors are still interested in crypto markets, even embracing high-risk investments. The generation has become a leader in prediction markets and memes, aiming to catch up to financial security through breakthroughs and sheer luck.  Gen Z investors may keep crypto alive, despite fears that AI will displace crypto as the hottest investment. Recent research by Northwestern Mutual reveals crypto assets make up a significant part of Millennial and Gen Z portfolios, but the two groups show different areas of interest.  Millennials treated crypto as a self-guided investment opportunity, using new assets to actively build their portfolios. Gen Z is even more keen on risk, seeking opportunities in meme coin trenches or prediction markets.  As Cryptopolitan reported, Gen Z is already displacing the former waves of crypto influencers, bringing their own social media presence, jargon, and preferred assets. While Millennials would deeply research projects, Gen Z traders seek shorter-term opportunities, seeking out lively and liquid markets rather than holding assets for a long time. One in three Gen Z investors put money into high-risk bets Around 32% of Gen Z traders in the survey have been exposed to prediction markets, considered a high-risk bet.  The trend extends previous examples of “financial nihilism,” which do not depend on reasonable markers of growth. Instead, Gen Z has tapped prediction markets as a way for faster gains, while their personal finances lag due to inflation, lower career prospects, and general distrust of authority.  “Even in an economy that’s often described as K-shaped with wealth disparities growing among older and younger generations, Americans’ positivity and optimism about their own financial security is on the rise across the board,” said John Roberts, Northwestern Mutual’s chief field officer. Together, Gen Z and Millennials make up the largest American cohort that invests in high-risk assets. Millennials…

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Filed under: News - @ March 10, 2026 1:30 pm