A recent survey by Storible and Chainplay has challenged the idea that trading memecoins is just a low-stakes gamble. Among 1,000 selected cryptocurrency investors, 56% reported a profit from their memecoin investments. This directly corrects the persistent “only 1% win” narrative. The study showed that investors who take memecoins seriously can achieve a 74% profit rate. It also indicates that disciplined, strategic methods are much more effective than trading like a gambler. Profitability Linked to Trading Mindset One of the standout findings is that 55.3% of respondents now regard memecoins as legitimate investment vehicles rather than mere gambling opportunities. This change shows that the memecoin market is growing, as traders are becoming more informed and strategic in their choices. The research showed apparent differences in profit rates based on how investors think and what drives them to trade. Investors who see memecoins as serious investment opportunities achieved an impressive 74.47% return. Meanwhile, those who trade for fun or treat it like gambling succeeded only 21% of the time. Among the different reasons for investing, experimental investors had the highest success rate at 75.8%. Those attracted by low entry barriers followed closely with a success rate of 74.2%. Entertainment seekers had a lower success rate of 61.8%. On the other hand, participants looking for quick profits achieved only 41.5% profitability, while buyers influenced by celebrity endorsements had the lowest success rate at 35%. This data shows that using a careful, research-based approach to memecoins yields better financial results than making quick trades driven by excitement. Active Trading Drives Ecosystem Value Storible and Chainplay showed that most traders are active participants, with 36.5% being day traders, and 22.4% swing traders. This means that nearly 59% are focused on short- to medium-term price changes rather than holding stocks for the long term. However, despite using different strategies, only about 55-56% of traders in these categories are profitable.  The research showed that when people discussed the overall effects of memecoins, 78.8% reported positive impacts. They pointed out that memecoins improved liquidity, encouraged better community engagement, and brought new money into the crypto market. Meanwhile, 21.2% highlighted negative effects, such as market distortion and damage to credibility. The survey shows that the memecoin community is strong and knows what it wants. Members value active participation and careful planning, and they have wide support from the larger crypto community. The post Memecoin Investors Defy Myths as Survey Shows 56% Report Profits appeared first on CoinTab News.A recent survey by Storible and Chainplay has challenged the idea that trading memecoins is just a low-stakes gamble. Among 1,000 selected cryptocurrency investors, 56% reported a profit from their memecoin investments. This directly corrects the persistent “only 1% win” narrative. The study showed that investors who take memecoins seriously can achieve a 74% profit rate. It also indicates that disciplined, strategic methods are much more effective than trading like a gambler. Profitability Linked to Trading Mindset One of the standout findings is that 55.3% of respondents now regard memecoins as legitimate investment vehicles rather than mere gambling opportunities. This change shows that the memecoin market is growing, as traders are becoming more informed and strategic in their choices. The research showed apparent differences in profit rates based on how investors think and what drives them to trade. Investors who see memecoins as serious investment opportunities achieved an impressive 74.47% return. Meanwhile, those who trade for fun or treat it like gambling succeeded only 21% of the time. Among the different reasons for investing, experimental investors had the highest success rate at 75.8%. Those attracted by low entry barriers followed closely with a success rate of 74.2%. Entertainment seekers had a lower success rate of 61.8%. On the other hand, participants looking for quick profits achieved only 41.5% profitability, while buyers influenced by celebrity endorsements had the lowest success rate at 35%. This data shows that using a careful, research-based approach to memecoins yields better financial results than making quick trades driven by excitement. Active Trading Drives Ecosystem Value Storible and Chainplay showed that most traders are active participants, with 36.5% being day traders, and 22.4% swing traders. This means that nearly 59% are focused on short- to medium-term price changes rather than holding stocks for the long term. However, despite using different strategies, only about 55-56% of traders in these categories are profitable.  The research showed that when people discussed the overall effects of memecoins, 78.8% reported positive impacts. They pointed out that memecoins improved liquidity, encouraged better community engagement, and brought new money into the crypto market. Meanwhile, 21.2% highlighted negative effects, such as market distortion and damage to credibility. The survey shows that the memecoin community is strong and knows what it wants. Members value active participation and careful planning, and they have wide support from the larger crypto community. The post Memecoin Investors Defy Myths as Survey Shows 56% Report Profits appeared first on CoinTab News.