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Study: Social Media Users Are More Likely to Invest in Crypto

  • A study from the University of Georgia (UGA) reveals that social media users are more likely to invest in cryptocurrency.
  • Approximately half of social media users surveyed had invested in crypto, compared to just 10% of non-social media users.
  • YouTube, Reddit, and X users demonstrated the highest investment rates, while Instagram users showed less interest.
  • The study suggests the need for increased media literacy education and the importance of evaluating one's financial goals when making investment decisions.

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