The post U.S. Investors Favor Meme Coins Over Bitcoin: Gemini appeared on BitcoinEthereumNews.com.

Meme coins make the first crypto purchase for 31% of new US investors, ahead of Bitcoin and Ethereum Despite high risks and volatility, global first-time buyers are also drawn to meme coins. A new study from Gemini shows that meme coins have become the go-to choice for many first-time U.S. crypto investors. Over 31% of new buyers in the United States choose memecoins before exploring more established digital currencies like Bitcoin and Ethereum. This shift marks a growing trend where newer investors use memecoins as a stepping stone into the broader crypto space. Meme Coins Attract First-Time Buyers Across Major Economies It is worth noting that the appeal of meme coins is not limited to the U.S. Globally, more than 30% of first-time crypto users are purchasing these tokens early on.  According to the Gemini study, the trend is extreme in Australia, the United Kingdom, Singapore, Italy, and France. In Australia, 30% of new investors start with meme coins, while the figures sit at 28% in the U.K., 23% in Singapore, 22% in Italy, and 19% in France. Analysts say this pattern shows how meme coins are a gateway to the larger crypto market. Many beginners find them easy to access and understand. They also offer a simple way to learn about key crypto concepts such as wallets, tokenomics, and on-chain transactions. Despite their fun reputation, meme coins often lead users to more serious assets. Gemini’s data confirms that over 94% of meme coin buyers later invest in top digital currencies like Bitcoin and Ethereum. This indicates that while the entry point may be lighthearted, most investors are taking steps toward more stable holdings in time. While the above study covers the rates at which new market entrants invest in digital assets. A recent report highlighted that Pine Analytics found…

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Filed under: News - @ May 29, 2025 12:29 pm