Meme coin, Investment first step taken…“Role of advance base for BTC·ETH influx”
In a recently released report by the cryptocurrency exchange Gemini, it evaluated that meme coins are serving as a gateway to the cryptocurrency market beyond just a trend. According to the report, 31% of cryptocurrency investors in the United States said they had experience purchasing meme coins before Bitcoin or Ethereum.
This trend suggests that meme coins are already playing an important role in the market, and cannot be regarded merely as a short-term fad or joke. In particular, it was found that 94% of meme coin holders also own Bitcoin and Ethereum, indicating a clear tendency for investors to expand their interest to major assets using meme coins as a stepping stone.
Gemini explained, "Many investors are entering the cryptocurrency market through meme coins and then actively expanding their portfolios to include BTC and ETH." This is interpreted to mean that beyond the existing investor base, new entrants are accessing the market through meme coins, highlighting the need to pay attention to the positive functions of meme coins.