TechFlow reports, on August 19, Coinbase noted in a blog post that young voters played a pivotal role in the 2020 U.S. election and are expected to be decisive again in 2024. Gen Z and millennial voters make up 40% of all eligible voters and will become the majority voting bloc by 2028. A significant portion of them support cryptocurrency and innovation, favoring candidates who advocate for improving and modernizing the system. Any candidate aiming to win in 2024, especially those running in key swing states that could determine federal elections, must take seriously the growing pro-crypto youth electorate.
Currently, only 9% of Americans express satisfaction with the existing financial system, and among young Americans, that figure drops to just 7%. Young voters are disillusioned with outdated systems and eager for change. This sentiment has given rise to an emerging, unprecedented cohort of pro-crypto voters, making cryptocurrency a critical campaign issue in the 2024 election cycle. Young voters will turn out in force during the upcoming U.S. election, and their influence cannot be underestimated.
