According to a survey by a major global exchange, DOGE, SHIB, ADA are on the list of coins Americans have at least heard of
Chinese crypto blogger and journalist Colin Wu, who covers everything to do with blockchain and crypto, has shared the results of a survey conducted by the leading Huobi exchange in January 2022 on crypto in the US.
DOGE, SHIB, BTC, NFT and Metaverse Win Huobi US Survey
According to the research, which involved nearly 3,150 participants, the list of cryptocurrencies Americans have heard of most often includes the crypto meme Doge tokens and SHIB, the native coin of Cardano ADA, as well as Bitcoin. , BNB, SOL, Ethereum and the USDT stablecoin.
Bitcoin is on the first place here (83.46%), DOGE is the holder of the second one (54.10%), followed by ETH (39.41%). SHIB is on the fourth place with 28.31%. Cardano’s ADA is at the back of the list with 13.07% of the respondents having heard about this crypto.
Other than that, US citizens have heard more about NFTs and Metaverse than DAO. 28% of respondents said they have invested in digital currencies.
Huobi has left the Chinese market
As reported by U.Today, in the fall last year Huobi made a decision to withdraw from the Chinese market and shut down trading of crypto against CNY by December 31. CNY deposit and spot trading was frozen in mid-December.
Users in other regions except Mainland China were not affected by this decision.
As a reminder, multiple crypto exchanges started mass exodus from the Chinese market after the Chinese government published a document in late September that declared all operations with cryptocurrencies illegal.
Before that, similar actions were taken against crypto miners and they started migrating from China to other places – Canada, Kazakhstan and the United States. However, due to recent unrest in Kazakhstan, increased gas tariffs, it is likely that miners will decide to move to the United States or other places with friendly working conditions and cheap electricity for minors.
The temporary shutdown of the Internet in Kazakhstan caused a massive drop in the Bitcoin hashrate and was one of the reasons for Bitcoin’s plunge from the $46,500 area down to $43,000.
