The consultant also analyzed how Argentines build their investment portfolios in crypto. The result, which includes just over 2,000 people, showed that Bitcoin It is the leading crypto with 16% of the market, followed by Ethereum with a 14% share and Dogecoin with 12.9%. Solana and Ripple share 11.7% and 10% respectively.
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Something curious is that, according to the survey, compared to the rest of the world, crypto holding in Argentina is not focused on Bitcoin: users prefer to diversify their portfolios and not give so much preponderance to a single cryptocurrency. Argentina is at the bottom of the table in Bitcoin and Ethereum adoption as more diversified portfolios are preferred.
On the other hand, Argentine men are more likely to own cryptocurrencies. “Approximately 17.6% of men surveyed in Argentina say they have crypto versus 13% of women. This coincides with global trends. Our December research revealed that more men than women reported holding cryptocurrencies in 24 of the 27 countries surveyed.
Globally, cryptocurrency ownership is dominated by youth, with an average of 56.1% of owners being between the ages of 18 and 34. And the case of Argentina is similar as 18-34 year olds predominate in terms of owning cryptocurrencies at 66.8%, while 35-54 year olds are the next most likely group to say they own cryptocurrencies with 19.3%. Those over 55 years of age are in last place with 13.9%. The data for Mexico is more surprising: in the last 3 months the use of cryptocurrencies increased by 3% among the adult population, reaching approximately 13.7 million people.
Almost along the same lines as Argentina, Mexico bets heavily on Bitcoin and is the first cryptocurrency to be adopted. Although the second place on the podium is not ETH but XRP, Ripple’s native token. In turn, Dogecoin (DOGE), in line with Argentina, stands out as the third most popular cryptocurrency.
Source: Ambito
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