XRP became the second most popular crypto coin among Japanese investors, almost catching up with BTC. This is evidenced by a study of the local BitMax exchange.
The trading platform polled 1,498 customers. The favorite cryptocurrency of 26% of respondents is Bitcoin, while Ripple was preferred by 25%.
Ethereum, almost three times faster than XRP in market capitalization, was less popular. It was chosen by 9% of traders.
Investor preferences are confirmed by an earlier study of the self-regulatory organization Japan Virtual Currency Exchange Association (JVCEA). According to its results, bitcoin and Ripple became the most popular assets in terms of the volume of invested fiat funds.