Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending firm BlockFi revealed.
Conducted in October among more than 1,250 U.S. residents, BlockFi’s “Real Talk: Happy HODLdays” survey found that nearly one in 10 Americans would give crypto to their loved ones as a holiday gift.
Bitcoin is the most popular gift by a large margin (75%) for people who plan to give or receive crypto as a present during holiday 2021, followed by Dogecoin and Ether, respectively. Nonfungible tokens (NFTs), on the other hand, still need time to be accepted as a gift alternative as only 2% of respondents are interested in receiving them as a gift.
Moreover,
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