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Younger Americans are more interested in cryptocurrencies and ICOs

According to the survey, young Americans are more interested in cryptocurrencies compared with other age groups.

31.Oct.17 12:18 PM
By Daria Zaytseva


Younger Americans are more interested in cryptocurrencies and ICOs

According to a recent survey published by the digital consultant on student lending to LendEDU, which asked nearly 1,000 US citizens about ether and tokens of Ripple XRP at the end of October. The questions ranged from whether people heard about ether and XRP to if they would invest in the cryptocurrencies.

According to the survey, 31.6% of respondents have heard about ether (with 18.2% planning to invest in it), and 22.2% have heard about XRP (with 14.8% intending to acquire some).

As the results of the age survey, data shows that about a third of respondents between the ages of 18 and 44 planned to invest in ether, and the other third - not. The last third was uncertain.

A much smaller proportion of adults aged 45 and older planned to invest in ethereum, and between 89-98% of respondents saying they were either not going to invest or were not sure.

The results of the research closely coincide with the previous review of LendEDU, which instead focused on bitcoin. In that survey, the majority of respondents who had heard about bitcoin were also at a younger age, while older respondents indicated less understanding of cryptocurrency.

The last review also looked at initial coin offerings (ICOs), which found that about a quarter of respondents had heard about the blockchain funding model, and 75.1% had not. However, there was some uncertainty about the status of the ICOs among those who heard about them.

On the other hand, 15.1% of respondents said they plan to invest in an ICO in the future.

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