Bitcoin … The Most Popular Crypto Amongst Investors
Not surprised one bit … ( see what I did there ? ) I kid , I kid … BUT , Bitcoin is king and there is no surprise in that .
THE POPULAR KIDS IN SCHOOL: BITCOIN, ETHEREUM AND…
” Obviously there is likely to be some overlap between Bitcoin, crypto market cap, and our dominance and popularity metrics. Let’s consider popularity.
Shrimpy found that unsurprisingly, Bitcoin was the most popular token, appearing in 72.4% of portfolios. However, Ether was also held by more than half (54.5%) of investors.
Other popular cryptocurrencies were Binance Coin (40.1%), XRP (38.7%), Litecoin (37.7%), Stellar (32%), EOS (27%), Cardano (26.3%), Bitcoin Cash (24.5%) and Monero (21.4%).
Bitcoin again unsurprisingly comes top in the dominance metric, making up an average of 26% of the portfolios sampled. However, Ether has an average weighting of 7.4%, far more than might be expected from its market cap. ”