Survey: More than one-fifth of Russian respondents have traded or held Meme coins

According to a new survey conducted by financial service provider Vyberu, more than one-fifth of Russian respondents have traded or held Meme coins. The survey included 3,000 Russians aged between 18 and 60 years old.

The survey also found that 15% of respondents said they bought Meme coins because of "hype". In addition, 4% of respondents said they bought Meme coins for "quick profit", while 2% said they invested in these coins to "support project creators".

Most of those who have bought Meme coins said they believe they have good "growth potential", and 23% of token buyers said they were attracted by the "cultural or satirical aspects" of Meme coins.

6% of respondents were attracted by the active community and "fan base" of Meme coins. In addition, a quarter of respondents believe that issuing Meme coins is an "effective marketing move". However, nearly half of the respondents believe that Meme coins are a "temporary phenomenon" and a social media trend.