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Reading: CZ’s Polls Reveal Surprising Facts About Crypto Investors
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Mycryptopot > Market > CZ’s Polls Reveal Surprising Facts About Crypto Investors
Market

CZ’s Polls Reveal Surprising Facts About Crypto Investors

January 30, 2025 2 Min Read
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CZ's Polls Reveal Surprising Facts About Crypto Investors

Changpeng Zhao, the previous CEO of the Binance trade, just lately performed a number of X polls which have revealed some stunning information about cryptocurrency traders.

In response to the outcomes of the ballot, solely a slim majority of his followers (50.4%) truly managed to become profitable with Bitcoin. Practically 27% of the respondents don’t personal any Bitcoin, whereas greater than 23% have truly misplaced cash even if the main cryptocurrency just lately reached a collection of document peaks.

One other ballot has additionally revealed yet another placing reality: Practically 45% of cryptocurrency traders have misplaced cash with meme cash. Solely a 3rd of the ballot responders truly made cash with such red-hot tokens even if lots of them recorded large worth features final yr. Practically 22% of those that participated in CZ’s ballot have by no means touched meme cash.

The outcomes of yet one more ballot about non-fungible tokens (NFTs) have been maybe the least stunning. Practically half of the respondents have by no means truly purchased them. This doesn’t come as a very surprising revelation given the demise of the sector that came about following the hype-induced bubble in 2021 when main celebrities and corporations have been leaping on the bandwagon.

Notably, 40% of the respondents within the remaining ballot posted by CZ additionally didn’t purchase Binance’s native BNB token, which is at the moment the sixth largest cryptocurrency market cap.

“I’d have guessed a really totally different quantity,” CZ mentioned.

Nonetheless, there are additionally some caveats provided that polls are typically slightly skewed, as CZ himself admits.

“Polls are at all times skewed. My followers are clearly skewed in direction of crypto, BNB, and so forth. A number of the polls are nonetheless ongoing. However the numbers stabilize after a couple of hundred votes,” Zhao mentioned.

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