- Americans are very invested in the crypto industry. So, more than 92% are aware of the crypto industry.
- Even more, as many as 17% have funds in Shiba Inu tokens.
Slow but steady, the crypto industry is getting the adoption it deserves. So, many Americans are becoming more aware of the crypto industry. This is according to data provided by a crypto research firm called ConsenSys.
Americans and the Crypto Industry
- ConsenSys, a blockchain and crypto firm, conducted research with the Americans as the pinnacle of the research. So, many of them believe that the current financial system is working very well. But they still opine that some improvements can come in to further enhance the system.
- The research from ConsenSys shows that many Americans have heard of the crypto industry. In fact, as much as 92% of them heard of the crypto industry in the past. The research from ConsenSys spanned 1018 interviews of people between 18 and 65 years old residing in the United States. So, this interview revealed one-third of Americans bought cryptocurrencies in the past. Another 20% of them currently own crypto, while 50% have never stepped into the trading of cryptocurrencies and any other assets.
- This is quite an eye-opening research in the United States. So, it shows how fast the adoption of the crypto industry is going in the United States. At least 98% have heard about it, and more than ⅓ invested in the crypto market. However, the most important thing here is their investments in the Shiba Inu token.
17% of Americans Invested in Shiba Inu
- Data from ConsenSys shows that 17% of Americans in crypto invested their money on the Shiba Inu token. So, their data compromises a lot of things concerning investments among Americans in the crypto industry. The Americans have quite a large mix of cryptocurrencies in their portfolio. They have a mix of stablecoins, meme coins, Bitcoin, and even meme coins. So, cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. These three cryptocurrencies make up 58%, 37%, and 26% of their portfolio, respectively. Binance’s BNB and stablecoin’s USDC were the next top-held assets. So, they represent the fourth and fifth largest cryptocurrencies in their portfolio.
- The sixth largest cryptocurrency in the American portfolio is the Shiba Inu token. As much as 17% of them have funds in this meme coin. However, Shiba Inu is trying to transition into full altcoin with their recent launch of the Shibarium. Other cryptocurrencies one can find in the portfolio of these Americans are the Tether USDT, Cardano, Solana, and Polkadot.
Conclusion
Americans make up a large part of the crypto industry. In fact, a lot of things, such as the spot Bitcoin ETFs, have a huge impact on the crypto industry in the US than even other countries in the world. According to research by ConsenSys, about 17% of Americans in crypto invested their funds in Shiba Inu tokens. Nevertheless, other tokens like Bitcoin, Ethereum, and Dogecoin take the 1st to 3rd in the portfolio.
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The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from cryptonewsbytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company
