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CoinGecko survey shows 1 in 4 crypto holders own 51 NFTs

Gary Flanders by Gary Flanders
2 years ago
CoinGecko survey shows 1 in 4 crypto holders own 51 NFTs

According to a recent survey by CoinGecko, a leading crypto market tracker in collaboration with Blockchain Research Lab, non-fungible tokens (NFTs) are still gaining traction within the crypto community, despite recent price fluctuations.

According to the study, 75% of crypto holders have included one or more NFTs in their asset portfolio. Conversely, a mere 20% of crypto holders have yet to dabble in the world of NFTs, with a small minority of 2.5% having previously owned NFTs but no longer holding any. These findings highlight the crypto community’s growing popularity and adoption of NFTs.

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The study classified the two marginalized communities as either lacking interest in NFTs or actively opposed to digital assets.

Fascinatingly, the survey has revealed that once individuals delve into the world of NFTs, they are inclined to amass a growing collection. A noteworthy 25% of NFT holders are avid collectors, boasting 51 or more NFTs. According to the research, this group has been classified as the most zealous enthusiast of NFTs.

Additionally, it is worth noting that individuals possessing 11 to 50 NFTs accounted for 18.7% of all NFT holders, while those with a modest collection of two to ten NFTs constituted an additional 25.8%. Individuals with two to five NFTs were the second most prevalent group. These statistics provide valuable insights into the distribution of NFT ownership among the general population.

The survey findings indicate a notable surge in NFT adoption over the past three years, with promising prospects for further expansion. This can be attributed to the burgeoning array of NFT projects that cater to diverse demographics and preferences, thereby broadening the appeal of this innovative technology.

Moreover, the utilization of NFT collections by renowned brands such as Adidas, Starbucks, and Reddit’s Collectible Avatars has significantly bolstered this innovative technology’s widespread acceptance and integration.

Tags: NFT
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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