According to a CoinText study on the popularity of cryptocurrencies in various countries, it was concluded that in 26% of the world’s countries, Ethereum investors outnumbered Bitcoin investors.
David Merry, CEO of InvestooGroup, CoinText’s parent company, said the study “makes an interesting look at the psychology of cryptocurrency investors in different countries, and how different economic landscapes have shifted sentiment between Bitcoin and other tokens. .
Other conclusions from the study include that more Japanese investors hold Solana than Ethereum, suggesting that Solana will ultimately provide a better platform in the DeFi space. Meanwhile, Singapore appears to be the most bullish country on Ethereum.
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