According to a new study, ethereum happens to be the most popular form of crypto out there. Of course, there are plenty of other cryptocurrencies besides bitcoin but many experts back ethereum to be the crypto that would eventually topple bitcoin. Initially, people did not have faith in any sort of crypto to topple the cryptocurrency known as bitcoin. As time passed, however, more and more cryptocurrencies came to the forefront and some of them were actually tremendous.
Out of all of this crypto, however, ethereum proved to be the one that actually seemed like it would give bitcoin and various other cryptos a run for their money. There are loads and loads of research to back up this claim and all of these researches are incredibly reliable. Speaking of researches and surveys, a recent one was conducted by a group of experts to determine the most popular form of crypto used in various countries.
After loads and loads of researches, it was discovered that Ethereum happens to be the crypto used most in the country of Singapore. The research group conducted this survey with great attention to detail. They considered a variety of factors like age, employment, the amount invested, and much more. After everything was said and done, it was discovered that more than 4000 people, especially adults in Singapore heavily used ethereum.
To the surprise of many people, bitcoin came in second. As mentioned time and time again, bitcoin happens to reign supreme in the crypto world. However, ethereum has always been breathing behind its neck, showing that it is indeed here to stay. There was another research conducted to determine which types of crypto investors in Singapore preferred.
After loads and loads of research, it was discovered that they preferred crypto-like Cardano, Bitcoin, and Ethereum. This survey was organized during the month of June and contained more than 2500 people. These individuals consisted of a large number of crypto holders. What’s more, one out of these five people happened to be a woman.
With all of that said, however, it would be fair to assume that the number of crypto users in Indonesia and any other country for that matter will most likely increase. This increase will lead to more investments down the line, which a large number of crypto experts had predicted a few years ago. Needless to say, the use of Ethereum, Cardano, and a large number of crypto investors would increase within a matter of months.
At the end of the day, however, the way people utilize their investments would decide the number of dividends they end up earning.