February Cryptocurrency Survey Results Revealed, Surprisingly, the Most Popular is Not Bitcoin, But...
A survey conducted in February this year targeting retail investors in digital assets shows that market attention seems to be shifting towards the smart contract public blockchain project Cardano (ADA).
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31% of Respondents Most Bullish on Cardano
According to the latest survey conducted by the cryptocurrency asset management platform Voyager Digital. Out of 1,385 investors surveyed, 31.8% indicated that they are most bullish on Cardano, while 22.2% chose Bitcoin as the second most preferred option.
Last month, Cardano hit a historical high of $1.48, briefly becoming the third-largest cryptocurrency by market capitalization (at the time of writing, Cardano has been surpassed by BNB and now ranks fourth). Steve Ehrlich, CEO of Voyager Digital, stated in an interview:
"Everyone has been talking about Bitcoin lately, but the sudden surge in interest in Cardano has indeed surprised us."
However, it is important to note that the survey was conducted in February, so the results may not fully represent the current market conditions.
Continued Bullish Outlook on Bitcoin
Despite a 26% drop in February, investors remain optimistic about the future of Bitcoin. Most respondents are still bullish on the cryptocurrency market's prospects for the next year, with only one-fifth of them seeing Bitcoin currently at risk of a bubble.
Furthermore, over 80% of respondents stated that they would consider buying more Bitcoin next month (March).
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