Crypto Blog
Coinbase has expressed the belief that young, pro-crypto voters might influence the 2024 US presidential elections and potentially could become the deciding factor on who wins.
This trend, according to Coinbase, is a reflection of the larger desire for systemic change and innovation, not just financial frustration. In 2020, the elections had an increased turnout of those under 30, with 55% of eligible balloters participating compared to 44% in 2016. Notably, the rise is expected to continue as 92% of registered electors under 35 have plans to vote in the 2024 polls.
In Arizona, youth turnout in 2020 surged above the national average compared to 2016. In Michigan, it increased from 42% in 2016 to 54% in 2020, playing a role in President Biden’s narrow win in a state with critical electoral votes.
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