Binance’s recent user base survey found that memecoins are the most-held cryptocurrency among surveyed users, with 16% of respondents reporting holding them. Bitcoin came in second place, with 14.44% of participants stating they had some in their wallets. The survey sampled more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America.
The exchange did not disclose the value of respondents’ holdings, but data from CoinGecko shows the total market cap for the memecoin market is sitting at $117 billion.
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