According to data from various exchanges, US investors are buying cryptocurrencies such as Bitcoin and Ethereum, as well as Apecoin and Shiba Inu.
Here are the most popular cryptocurrencies in the USA
Today, there are close to 500 cryptocurrencies and more than 21000 altcoins traded on these platforms. US investors only interact with some of these coins. So what are the most traded cryptocurrencies in the US? Here’s the list, according to a recent Forbes report:
- Bitcoin (BTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Ripple (XRP)
- Shiba Inu (SHIB)
- Bitcoin Cash (BCH)
- Binance Coin (BNB)
- ApeCoin (APE)
- Left (LEFT)
- Cardano (ADA)
Why are Apecoin and Shiba Inu so popular?
Despite being launched last March, Apecoin is still in the top positions in almost every country. There are many reasons why the altcoin, which is only a few months old, has become one of the most talked about and most traded cryptocurrencies in the USA today. The first is attractive price action.
Second, APE, BAYC and MAYC are supported by NFTS. Thus, it is closely associated with the equally popular NFT projects with these names. He is also associated with celebrities such as Kevin Hart, Justin Bieber, Madonna, and Tom Brady. All this has made Apecoin insanely popular among crypto investors.
Apecoin also recently launched the Otherside metaverse, which is full of promise. The developer of the project also plans to leave Ethereum for lower transaction fees. These factors helped make ApeCoin one of the most popular cryptocurrencies in the US. However, it should be noted that the APE price has been struggling recently due to market conditions.
Just like Apecoin, Shiba Inu (SHIB) offers a shining ecosystem
As a meme token, Shiba Inu is also one of the most popular cryptocurrencies in the US. It managed to stay in the top 20 even in the bear market thanks to its dedicated community and potential use cases. One feature that keeps SHIB in the spotlight is its decentralized exchange, ShibaSwap. Users will be able to exchange Uniswap or similar DEXs from here. Also, the developers plan to open the platform to NFT trading in the coming years.
Another important reason why the SHIB token is worth watching today is its potential use cases. Additionally, the token is now accepted by platforms like Shopping.io, which allows users to purchase goods from places like Amazon, eBay, and Walmart using crypto.
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