These top 10 countries represent a diverse mix of regions and economic development, indicating that meme coins have a global appeal and popularity. In total, the top 10 countries leading the meme coin craze in 2023 make up 82.9% or the majority of interest in the speculative assets.

Meme coins are a very risky type of crypto because they are based on Internet cultural references. The price movement depends on whether the meme coins can stay relevant by driving hype or support among the community, and lack fundamental value.

In this blog post, we break down a recent academic article that profiles and characterizes Turkish cryptocurrency owners, identifying three distinct groups: (1) payment users, (2) crypto investors, and (3) crypto traders.

Our comprehensive 2023 Q1 Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and reviewing how centralized exchanges (CEX) and decentralized exchanges (DEX) have performed.

93.9% or almost all crypto holders said they used crypto as a form of long-term investment, which is not surprising given that the market leader and pioneer Bitcoin is considered digital gold.

Today, people buy NFTs for a range of reasons: Out of 11 key factors for consideration, NFT utility is the most important reason for motivating people to buy, while disrupting the status quo is the least important reason, according to a recent study.

As with crypto in general, NFTs are currently not regulated. Even though risks like rug pulls and wash trading are common in the space, NFT holders have mixed views on whether they want more NFT regulation, according to a recent survey.

Non-Fungible Tokens (NFTs) are blockchain-based digital assets that gained a meteoric rise in popularity during its first bull run in 2021. Since then, NFT adoption has become common in the crypto community.

The US Securities and Exchange Commission (SEC) has charged 12 American celebrities so far, for failing to disclose that they were paid to promote crypto assets on their social media accounts.

Binance, one of the largest centralized cryptocurrency exchanges globally, has around 0.67 million users in the US as of February 2023.