Bakkt Explains: Investors Love Dogecoin and These Altcoins!

According to a recent survey conducted by Bakkt, crypto investors are keeping a close eye on Dogecoin and a number of altcoin projects.
 Bakkt Explains: Investors Love Dogecoin and These Altcoins!
READING NOW Bakkt Explains: Investors Love Dogecoin and These Altcoins!

In the 13 years since the publication of a white paper that kicked off the cryptocurrency wave with the launch of Bitcoin, the crypto market cap has grown to over $2.23 trillion with over 13,506 such currencies. The US, China, India, and European countries took different stances, legitimizing cryptocurrencies at one point. In this article, let’s take a look at a recent survey that revealed the crypto investors’ favorite coins/tokens. According to the report, Dogecoin and Ethereum are known to almost all investors…

Crypto investors love Dogecoin and these coin/tokens

According to a recent survey conducted by US-based technology platform Bakkt, Bitcoin ( BTC) and Ethereum (ETH) are the most popular cryptocurrencies among US crypto investors. The research-driven survey, published on March 2, reveals that women are 82% more likely to repurchase, despite men investing more in crypto. The most popular cryptocurrencies are composed of the following altcoins, especially BTC and ETH:

The biggest cryptos among 504 crypto investors in the “Women and Crypto” research, the mainstay of crypto money Bitcoin and Ethereum, followed by The meme currency Dogecoin (DOGE) is coming. Bitcoin and Ethereum were the top coin investments for both men and women in the study, followed by Dogecoin and a number of other currencies.

A survey of 1,012 customers, crypto investors or non-crypto investors, conducted in February, examined how women’s attitudes and understanding of crypto differ from men. The majority of respondents strongly associate cryptos with men, but women who have not yet invested in crypto argue that the top barriers to crypto adoption are lack of knowledge of how to start, lack of understanding of the utility of crypto.

The survey also reveals how most crypto investors made their first crypto investment. Nancy Gordon, Chief Product Officer, Loyalty and Rewards at Bakkt, said:

Buying crypto via gift, redeeming loyalty points for crypto, and earning crypto through loyalty programs outperform traditional methods and are gender or economic. We have found a great demand for new ways of enabling greater participation and accessibility, regardless of level.

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