Teens surveyed by Piper Sandler claim to be getting involved in digital assets such as cryptocurrency and NFTs. Among the surveyed teens, 9% claim to have “bought bitcoin or another cryptocurrency,” with 81% of those teens identifying as male.
Turns out, they’re buying Chipotle CMG, +0.21% burritos and Nike NKE, -0.44% gear when they’re not scrolling through Snapchat SNAP, -0.38%, according to investment firm Piper Sandler’s PIPR, -0.64% latest young consumer survey.
Chick-fil-A, Starbucks SBUX, +0.71% and Chipotle CMG, +0.21% dominated teenage food tastes, with Chipotle leapfrogging over McDonalds MCD, +0.77% as the third most preferred restaurant for teens, according to the survey. See also: Will you let your child trick-or-treat this Halloween? Here’s how the CDC says to do it safely
Snap Inc. SNAP, -0.38% was once again the favorite social media brand, as 35% of teens preferred it over any other company. But TikTok is hot on its heels, with 30% of teens naming the video-streaming site as their favorite social media platform. Instagram’s popularity has slipped, however: 22% of teens named the Facebook-owned photo-sharing site as their social media choice, which is down significantly from its peak of 31% in spring 2020.
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