Over 20% of Russians Trade Meme Coins Now, Survey Reveals

Over 20% of Russians Trade Meme Coins, Survey Reveals featured

In Summary

  • 21% of Russians hold or trade meme coins, with 15% influenced by social media
  • Cultural appeal and quick profit motives also drive interest in these tokens
  • 25% see meme coins as marketing tools, while nearly half view them as a fad
  • Security risks, including phishing scams, raise concerns for investors


Catenaa, Sunday, February 02, 2025 – More than one in five Russians trade or hold meme coins, according to a recent survey by financial services provider Vyberu.

The survey, which polled 3,000 Russians aged 18 to 60, highlights the growing popularity of “hype”-driven tokens in the country. 

The findings reveal that 21% of respondents have either traded or held meme coins, with 15% attributing their interest to social media buzz.

Additionally, 4% purchased meme coins aiming for quick profits, while 2% invested to support project creators.

Cultural appeal also played a role, with 23% of buyers drawn to tokens’ satirical or cultural significance. 

The survey also found mixed perceptions of meme coins.

While 25% of respondents see them as effective marketing tools, nearly half view them as a temporary trend. Furthermore, 5% believe meme coins negatively affect the crypto market’s reputation. 

Security concerns remain high, with recent warnings about phishing scams targeting holders of popular meme coins such as $TRUMP and $MELANIA, raising red flags for Russian investors. 

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