A recently conducted survey exposes that ethereum is the most famous Cryptocurrency among more than 4,000 grown-ups studied in Singapore. The second-most famous crypto is bitcoin, trailed via Cardano.
Singapore-Based Cryptocurrency Investors Prefer Ethereum, Bitcoin, Cardano
The newly published report of 2021 discloses about the
Most favorite Cryptocurrencies of the people of Singapore, a joint report by Cryptocurrency exchanges and service providers like Seedly, Gemini, and well-known Coinmarketcap, was revealed on Monday. It contains an overview of 4,348 Singapore-based grown-ups ages 18 to 65 across fluctuating family wages.
As per the survey results, 77% of participants who held crypto said they invested in ethereum (ETH), 68% said bitcoin (BTC), 41% said they stored Cardano (ADA), 31% said (BNB), and 25% said XRP. The report reflects.
The report notes: "With ETH, BTC, and ADA being the most well-known digital currencies across the two sexes, females hold and exchange XRP and DOT [polkadot] more than their male partners. USDT [tether], then again, is more mainstream among male crypto holders."
Cryptocurrency Investors additionally unhid how they were influenced by the Covid-19. The report notes, "Out of 2,862 individuals who put resources into crypto, 66% of them put more into crypto in light of the Covid-19 pandemic." The report also shows "The Covid-19 has made more Singaporeans to hold their financial investment into Cryptocurrencies."
What's your opinion on this overview? Tell us in the remarks segment underneath.