Crypto Craze: Are Millennials and Gen Z the New Financial Wizards? 🧙‍♂️💰

by

In a rather amusing twist of fate, a recent study from the illustrious US-based crypto exchange, Gemini, has confirmed what many of us suspected while sipping our artisanal lattes: digital asset ownership is decidedly skewed towards the sprightly youth. Who would have thought? 🤔

According to the esteemed Gemini’s 2025 Global State of Crypto report, it appears that roughly half of those born between the years of 1981 and 2012 are either currently dabbling in crypto or have at some point in their lives taken the plunge. One can only imagine the conversations at the local coffee shop! ☕️

“The common narrative is that cryptocurrency ownership skews young. And that’s largely true. About half of Millennials and Gen Z respondents globally said they either currently own crypto or have in the past, at 52% and 48%, respectively. That’s significantly higher than the general global population, at 35%.”

In a delightful revelation, the report also uncovers that memecoins—those whimsical digital tokens that seem to have sprung from the minds of jesters—have captured the attention of the masses, perhaps correlating with the crypto craze among the younger generations. Who knew a Shiba Inu could lead to financial enlightenment? 🐕💸

“In the US, 31% of investors who own both memecoins and traditional cryptocurrencies report that they purchased their memecoins first, followed by 30% in Australia, 28% in the UK, 23% in Singapore, 22% in Italy, and 19% in France. Globally, 94% of memecoin owners also own other types of crypto, suggesting memecoins are an onramp to broader crypto investments.”

In a final flourish, Gemini declares that the crypto market has been ignited this year by the current Trump administration’s rather positive stance on the industry. One can only hope that this enthusiasm doesn’t lead to a national shortage of Bitcoin! 🚀

Read More

2025-05-27 21:41