A recent study has found a significant correlation between gambling preferences and retail interest in cryptocurrency tokens, particularly Initial Coin Offerings (ICOs) and Non-Fungible Tokens (NFTs). The research indicates that regions with higher per capita lottery sales show increased attention to these crypto assets, suggesting that retail investors may view them as lottery-like products. This attention is not only reflected in search interest but also translates into higher fundraising amounts and participation in token offerings. The study further reveals that tokens with lower initial offering prices and those lacking Know Your Customer (KYC) protocols attract more interest from regions with a strong gambling tendency. Additionally, the legalization of sports betting in certain U.S. states has led to a decline in attention to crypto tokens, reinforcing the idea that these digital assets are seen as substitutes for traditional gambling products. Moreover, the research highlights the potential negative economic impact of this speculative behavior, particularly on financially vulnerable groups. In areas with high gambling propensities, increased interest in cryptocurrencies is followed by a rise in consumer credit delinquency rates, especially among subprime borrowers. These findings suggest that cryptocurrencies are often treated as speculative instruments rather than tools for financial inclusion, prompting calls for stricter regulatory measures.