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ConsenSys: 17% of American crypto investors invested in the SHIB memcoin

According to a survey conducted by ConsenSys, 17% of US cryptocurrency investors said they have ever invested in the SHIB memcoin or still own the token.

Analysts at ConsenSys, created by Ethereum co-founder Joseph Lubin, conducted a survey of 1,018 people living in the United States. Half of the survey participants said that they had never bought cryptocurrencies, the remaining 50% said that they already had experience investing in this new asset class. Of these, 31% previously bought digital assets but then decided to sell, while 20% still own. Most respondents admitted that the crypto industry needs regulation, and cryptocurrencies can become a good alternative to the traditional financial system.

Researchers have noted the most preferred cryptocurrencies for investment among American crypto investors. The honorable first place went to Bitcoin (58%), in second place was Ether (37%), and third place went to DOGE (26%). The top five also included the Binance cryptocurrency (22%) and the USDC stablecoin (18%).

Of particular interest to investors is the SHIB memtoken, which currently ranks tenth in terms of market capitalization among all crypto assets. 17% of the surveyed investors invested in these tokens. Over the week, SHIB grew by more than 250%, reaching $0.00004567. However, then the rate corrected, and now the coin is trading at $$0.00003275.

According to recent data from IntoTheBlock, the number of new Shiba Inu addresses has begun to grow 20 times faster in recent months. Previously, lead developer Shiba Inu said that burning SHIB does not make sense until these tokens find real use.

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