XRP surpasses Bitcoin and Ethereum by popularity among younger investors
Chinese crypto blogger and journalist Colin Wu has tweeted that among investors of a certain age group, XRP is more popular than major cryptocurrencies Bitcoin and Ethereum in South Korea.According to the Bithumb report, South Korean investors in their 20s prefer XRP as the major asset in their portfolio. Therefore,share in it constitutes 20.7% compared to Bitcoin and Ethereum — 17.5% together. Overall, the proportion of XRP in the portfolios of those in their 20s was around 3.
Data shows that investors in the 20-year-old age group in South Korea only accounted for 17.5% of their total investment in Bitcoin and Ethereum, and their favorite altcoin was XRP, accounting for 20.7%. The 30-year-old age group has the highest investment weighting in Bitcoin…People of this age group show a tendency toward"aggressive investment," in comparison to other age groups in South Korea. Overall, they prefer altcoins to Bitcoin and Ethereum.
Overall, according to the report, 82.5% of investors in their 20s, whose portfolios were analyzed, preferred altcoins with higher volatility than Bitcoin and Ethereum.
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