Leowrld⚡
@leowrld
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107 Followers
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HODLers Favor Memecoins Over Bitcoin, Binance Survey Finds.
According to a recent user survey conducted by cryptocurrency exchange Binance, memecoin is becoming the most owned cryptocurrency, surpassing Bitcoin.
The survey results, published on December 18 in the Binance Global User Survey report, showed that 16% of respondents own memecoin, making it the most popular cryptocurrency in investors’ wallets. Coming in second place is Bitcoin, with 14.44% of respondents saying they own the coin.
The survey was conducted with more than 27,000 users from regions including Asia, Australia, Europe, Africa, and Latin America. Binance commented: “The survey results show that memecoin is not only popular now, but also a highly anticipated digital asset in the future.”
While Binance did not disclose the specific value of its holdings, data from CoinGecko shows that the total market capitalization of memecoins is now $117 billion, with Dogecoin being the most prominent. 0 reply
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Grayscale Establishes Investment Fund for Lido and Optimism.
Grayscale, the leading digital asset management company, announced plans on December 12 to establish two new investment trusts for Lido (LDO) and Optimism (OP). This move opens opportunities for U.S. investors, both retail and institutional, to gain exposure to these pivotal tokens within the Ethereum ecosystem.
The launch of the Grayscale Lido DAO Trust and the Grayscale Optimism Trust underscores the company’s strategic vision to capitalize on the potential of DeFi technologies and Ethereum Layer 2 scaling solutions. This decision reaffirms Grayscale’s position as a pioneer in the digital asset industry.
These new trusts will operate under a similar framework as Grayscale’s existing products. The company currently manages a diverse portfolio of cryptocurrency funds, including major assets like Bitcoin and Ethereum, as well as promising tokens such as Aave, Chainlink, Solana, Sui, and other groundbreaking blockchain projects. 0 reply
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