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A recent poll by investment firm Paradigm indicates a growing interest in cryptocurrency among Democrats, with 18% of Democratic voters having already invested in crypto. The survey also highlights that 9% of Democrats are “very likely” to invest in the coming year, while another 18% are “somewhat likely.” However, a significant portion, 54%, remain hesitant, stating they are “not at all likely” to invest.
The poll underscores the potential impact of crypto on the upcoming presidential election, especially among those holding larger amounts. Notably, 33% of Democrats with over $10,000 in crypto see it as a crucial voting issue, reflecting the industry’s increasing political influence.
Crypto’s appeal is particularly strong among Democratic voters of color. The poll found that 22% of Black Democrats, 25% of Hispanic Democrats, and 27% of AAPI Democrats have invested in crypto, indicating a significant demographic shift in support for digital assets.
