Odaily Planet Daily News According to Gemini’s latest “State of Crypto” report, more than 30% of new users in the United States, Britain, Australia and other places first purchased crypto assets as Meme coins, and more than 94% of Meme coin holders subsequently invested in Bitcoin or Ethereum, showing that it is an important entry point for widespread adoption. In addition, 39% of investors in the United States have invested in cryptocurrencies through ETFs. Gemini pointed out that Meme coins are becoming a "training wheel" for new users to understand wallets, tokens and ecosystems due to their cultural drive and low participation threshold. The memecoin market cap currently stands at $74.2 billion, accounting for a notable share of the total global crypto market cap.