40% of crypto investors in Singapore own Cardano (ADA)

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2021-08-17 13:17:39

According to the results of a recent survey sponsored in part by crypto exchange Gemini, Cardano (ADA) is currently the third most popular cryptocurrency in Singapore.

40% of crypto investors in Singapore own Cardano (ADA)

The Gemini report says the purpose of this survey is to find out what investors, including those with and without any crypto holdings in Singapore, think of the asset class. The results are based on a survey of 4,348 adults in Singapore (between the ages of 18 and 65).

The poll of respondents was conducted between June 29 and July 9. Of the 4,348 respondents, 2,862 are existing cryptocurrency holders and 1,486 Consumers may want to learn more or start investing in the field. The figures quoted are in Singapore dollars (SGD).

Of which, 79.9% are men and 80.2% are under 34 years old. 34% of those who do not yet own crypto are planning to buy some in the next 12 months. The eight most popular cryptocurrencies and the percentage of holders are as follows: Ethereum (78%), Bitcoin (69%), Cardano (40%), Binance Coin (31%), XRP (25%) ) ), Tether (25%), Polkadot (22%) and Chainlink (18%).

The most surprising thing on the list is the widespread coverage of Cardano (ADA) in this country. After Cardano (ADA) struggled with Alonzo, Charles Hoskinson had to immediately broadcast to the community to reassure the community, Cardano (ADA) has returned to the top 4 coins with the largest capitalization and has grown strongly in the past week.

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