[NEWS] Over 90% of people have high hopes for the future of crypto assets GMO Coin Survey

A survey by domestic cryptocurrency exchange GMO Coin found that more than 90% of users who responded have high expectations for the future of cryptocurrencies.

According to the results announced by GMO Coin on the 8th, 70% of respondents answered "strong expectations" to the question "Do you have high expectations for the future of cryptocurrencies?" 24% answered "somewhat expected," 4% answered "neutral," and 1% answered "somewhat not expected" or "not expected."

GMO Coin conducted a similar survey last year, in which 94% of users answered that they had high expectations.

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This survey was conducted in the form of an online questionnaire targeting 3,729 GMO Coin users from March 22 to April 5.

In addition, in the question "What do you think the highest price of Bitcoin will be in 2023?", the most common answer, 27%, was "5 million yen range." 24% said they expected it to be in the 4 million yen range, followed by 14% who said it would be over 10 million yen.

In this category, 89% of users predicted that the highest price this year would be over 4 million yen, suggesting that expectations for further price increases are growing.

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Furthermore, in response to the question, "Do you intend to increase your investment in crypto assets in 2023?", 63% answered "I intend to increase it." 35% answered "I don't know either way," and 2% answered "I intend to decrease it."

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In response to the question, "Which stock do you expect to see the highest price increase in 2023?", 36% answered Bitcoin (BTC), and it was chosen as the most expected stock, following last year. XRP came in second with 20%, surpassing Ethereum (ETH) at 14%. In last year's responses, Ethereum came in second with 23%, and XRP came in third with 17%.

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In addition, in the question "How would you like to use crypto assets in the future?", "Investment (long-term holding)" was the most popular answer at 87.6%, remaining stable from last year's 87.2%.

"Investment (short-term holding)" was also 38.4%, not much different from last year, while 18.5% of users answered that they would use it to "buy and sell NFTs", indicating that demand for crypto assets related to NFTs may continue.

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Reference:GMO Coin
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