New study reveals the most popular crypto sold by America. As per the research the crypto sold by America the most is Bitcoin which has taken the top spot. The research was conducted by crypto gambling experts at cryptogambling.tv, who analyzed Google Trends data to establish the cryptocoins Americans want to sell the most out of the 24 largest cryptocurrencies by market cap, giving an average weekly search volume for the interest in crypto sold by Americans.
Top crypto sold by America
Bitcoin
The study revealed that Bitcoin has the highest number of searches for top crypto sold by Americans. Searches to ‘sell bitcoin’ were the highest at the end of July in the U.S. and worldwide.
The most favored reason for Bitcoin being the most sold crypto in America is the current financial and economic strain many countries in the world are facing, prompting people to tap out and cut their losses. Last year the price of the cryptocoin dropped below $16,000, which highlights its downfall tremendously, and with Bitcoin’s value being based purely on speculation, it can be challenging for those who don’t know whether or not to stick with it.
Ethereum
Ethereum is the second most crypto sold by America, with searches for ‘sell Ethereum’ being the highest in September worldwide. Although the currency is known for owning around 20% of the global crypto market, those wanting to invest tend to agree that it is one of the safest long-term coins. The current price of Ethereum is $1,458.
XRP
Another popular crypto sold by America in third place is XRP, as it is predicted that its price will be near $0.198 by the end of this year. XRP runs by RippleNet due to the current lawsuit proceedings with the SEC, there is a significant decrease in interest for the currency, which has undoubtedly urged investors to act fast and sell.
Dogecoin
The fourth cryptocoins Americans want to sell most is Dogecoin, which, although it has remained one of the top crypto in America, is still not a solid investment for many investors. For a cryptocoin which was created as a joke when it first began, it has truly exceeded expectations. Many avoid investing in Dogecoin due to its price volatility, no supply limit, and not being as widely accepted as other competing coins; these are reasons why many also want to sell.
Shibu Inu
Americans are selling Shiba Inu coin and it comes at number 5. The reason why they are selling Shiba Inu coin is while the coin is top-rated, it is advised that those looking to invest should not use it as a long-term investment. The coin is down almost 92% since 2021, but many investors hope it will still go up in time as it is currently at over 589 trillion.
Crypto in America opinion
An expert at cryptogambling.tv commented: “The cryptocurrency market is forever fluctuating, and with the increase in economic stress worldwide, it can be an uncertain and nerve-racking time for those hoping to make sound investments in the crypto world.
This study offers an interesting insight into which cryptocoins Americans currently want to sell, with Bitcoin being the most popular to sell.”
The cryptocoins Americans want to sell the most
Below is the list ranking the top 10 most popular Crypto sold by Americans
|
Rank |
Crypto Americans wants to sell |
|
1 |
Bitcoin |
|
2 |
Ethereum |
|
3 |
XRP |
|
4 |
Dogecoin |
|
5 |
Shibu Inu |
|
6 |
Avalanche |
|
6 |
Solana |
|
7 |
TRON |
|
8 |
Monero |
|
9 |
Uniswap |
|
9 |
Polygon |
|
10 |
Tether |
