Shiba (SHIB), the Shiba inu, is always at center stage. SHIB, after its recent rise to $0.000045 and reclaiming it, has exceeded Bitcoin (BTC) by a large margin. Discussions about the potential of the SHIB token’s upward trajectory have been reignited. SHIB, at the time of publication, was valued at $0.00003316. This follows a daily gain of 1.84%.
Recent Studies Have Affected the Availability of An Affordable survey ConsenSys conducted a survey to find out what American cryptocurrency investors are looking for in terms of investment. The 1,018 American respondents revealed a surprising fact: 17% had either invested in Shiba Inu previously or held the token currently in their own portfolios.
American Crypto Enthusiasts: Investment Trends
The survey delved into American investor participation in the cryptocurrency markets. The survey revealed that half of all respondents had made crypto investments in the past, while the rest admitted they were not involved.
Three-quarters of people who said they were involved in cryptography admitted to having bought and sold digital assets. A further 20% of those who have invested in cryptocurrencies still hold their holdings. This shows a continued interest in the crypto market. While the other 50% claimed that they never made any crypto investments,
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Shiba Inu’s significant presence in American investors’ portfolios is perhaps the most surprising finding. Shiba Inu ranked sixth among all the cryptocurrency assets owned or invested by American crypto enthusiasts.
Shiba Inu was mentioned by 17% of American respondents, putting it above prestigious projects such as Solana and Cardano.
Crypto Landscape: An In-Depth Look
A closer look at the data shows the relative ranking of cryptocurrencies among American investors. Shiba is a noteworthy cryptocurrency, but it’s outpaced by stalwarts like Bitcoin (BTC), Ethereum(ETH), Dogecoin(DOGE), Binance Coin(BNB), USD Coin (USDC), etc.
Investors’ weighted allocations towards these assets were 58% BTC for BTC; 37% ETH for ETH; 26% DOGE for DOGE; 22% BNB for BNB. 18% USDC for USDC.
In conclusion, these survey findings highlight Shiba Inu’s growing appeal among American investors. It positions it as an impressive player on the highly competitive cryptocurrency market. SHIB is gaining momentum in discussions, and its future trajectory remains of great interest.
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: watcher.guru