"Investors Shift Focus to Memecoins Over Bitcoin, Survey Reveals"
TL;DR Summary
An AMBCrypto survey of 557 respondents reveals that 36.8% of investors have allocated part of their portfolio to memecoins, with 53.7% preferring them over Bitcoin. Despite Bitcoin's 53.32% YTD rise, memecoins like WIF, BONK, and PEPE have seen staggering gains. While 65.5% of respondents still own Bitcoin and expect it to reach $100,000 by the end of 2024, the memecoin trend shows no signs of slowing, potentially impacting liquidity for other altcoins.
- Exclusive: 36.8% of investors now have memecoin investments! AMBCrypto News
- History Suggests Bitcoin Will Be a Better Long-Term Investment Than Little-Known Meme Coins The Motley Fool
- The gloom of old altcoins FXStreet
- Investors Favor Memecoins Over Bitcoin, Reveals AMBCrypto Survey Yahoo Finance
- Bitcoin Short-Term Outlook Uncertain Despite Ether ETF Approval – Report AlexaBlockchain
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