NFT team Los Muertos published a list of the cryptocurrencies that Americans want to sell the most. According to the research, the first place went to Shiba Inu token. And it’s not surprising given that the coin’s value has dropped to $0.00000822 at the time of writing.
“Unpleasant” cryptocurrencies
Investors from 19 states took part in the study. Because of the crypto market crash, they are looking for ways to offload some of their assets. And most of all, they are interested in selling meme coin Shiba Inu (SHIB).
The coin dropped in value by 24% in one week. At the moment, its market capitalization is $4,5B. At the time of writing, the value of the meme coin has dropped to $0.00000822.
It’s not the only coin that the investors want to get rid of as soon as possible. Second place went to Bitcoin, which, although still floating, has also tended to fall lately. The most popular cryptocurrency dropped in value by 30% in one week. At the time, its market capitalization is $403B.
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In total, the list includes five “unpleasant” cryptocurrencies. Here they are.
Who else?
“This study offers incredible insight into where various cryptocurrencies are potentially being sold across America, with Shiba Inu being the most popular to sell on the internet. It will be interesting to see if these findings will be reflected in future prices,” the study said.
As you can see, the third place went to another meme coin Dogecoin which also takes a weak position in the market. Its creator Billy Markus has recently shared his view about the “bearish period” and when it will be over. According to him, it’ll be ok eventually, but not soon. We’re talking like four years.
By the way, despite the drop in value, meme coins are still popular among fans. According to a recent study, they were among the top 10 most popular cryptocurrencies in the world by the number of their Twitter followers.