Changpeng Zhao, the previous CEO of the Binance trade, just lately carried out a number of X polls which have revealed some shocking details about cryptocurrency buyers.
In line with the outcomes of the ballot, solely a slim majority of his followers (50.4%) truly managed to generate income with Bitcoin. Practically 27% of the respondents don’t personal any Bitcoin, whereas greater than 23% have truly misplaced cash although the main cryptocurrency just lately reached a sequence of document peaks.
One other ballot has additionally revealed yet another hanging truth: Practically 45% of cryptocurrency buyers have misplaced cash with meme cash. Solely a 3rd of the ballot responders truly made cash with such red-hot tokens although lots of them recorded large worth features final yr. Practically 22% of those that participated in CZ’s ballot have by no means touched meme cash.
The outcomes of yet one more ballot about non-fungible tokens (NFTs) have been maybe the least shocking. Practically half of the respondents have by no means truly purchased them. This doesn’t come as a very surprising revelation given the demise of the sector that came about following the hype-induced bubble in 2021 when main celebrities and firms have been leaping on the bandwagon.
Notably, 40% of the respondents within the closing ballot posted by CZ additionally didn’t purchase Binance’s native BNB token, which is presently the sixth greatest cryptocurrency market cap.
“I’d have guessed a really totally different quantity,” CZ stated.
Nevertheless, there are additionally some caveats provided that polls are usually reasonably skewed, as CZ himself admits.
“Polls are all the time skewed. My followers are clearly skewed in the direction of crypto, BNB, and so on. A number of the polls are nonetheless ongoing. However the numbers stabilize after just a few hundred votes,” Zhao stated.