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54% of Crypto Traders on Leading Global Exchange Own XRP, Surpassing Bitcoin (BTC) by Wide Margin

April 18, 2020

New data from the global social trading and multi-asset brokerage company eToro shows XRP is by far the most popular crypto asset on the platform.

According to the company’s latest quarterly report, 54% of cryptocurrency traders on eToro are invested in XRP.

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Bitcoin (BTC) is the second most-popular crypto asset on eToro, with 35% invested in the leading cryptocurrency by market cap. Here’s a look at the stats for all 15 coins available on the platform.

Percentage of Users Invested

  • XRP – 54.5%

  • Bitcoin (BTC) – 35.1%

  • Ethereum (ETH) – 23.9%

  • Litecoin (LTC) – 14.5%

  • Stellar (XLM) – 12.4%

  • Dash – 8.5%

  • Bitcoin Cash (BCH) – 8.3%

  • Cardano (ADA) – 7.6%

  • NEO – 7.5%

  • Ethereum Classic (ETC) – 7.3%

  • EOS – 6.0%

  • IOTA – 5.6%

  • Tron (TRX) – 4.2%

  • Tezos (XTZ) 2.3%

  • Zcash (ZEC) – 1.7%

The report also analyzes the state of the so-called XRP Army – a term used to describe fans of the cross-border payments company Ripple and the digital asset XRP.

In the first quarter of 2020, the number of people discussing XRP on Twitter dropped 16%. It’s part of a larger trend that has affected the broader crypto market since the top of the last bull cycle.

“The number of Twitter users in the ‘XRP Army’ (the name given to the cryptocurrency’s supporters) has fallen by more than 50% since October 2018 and declined by over 82% since January 2018 highs. For comparison, the number of Twitter users discussing Bitcoin dropped by 58% from all-time highs.”

The third-largest cryptocurrency by market cap began the year at $0.1937. It then rose to a high of $0.3369 on February 14th and plunged to a low of $0.1351 on March 16th amid the widescale coronavirus collapse.

According to CoinMarketCap, XRP is now $0.1913 at time of publishing, up 1.18% in the last 24 hours.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.