By Andrei Skvarsky.
The Ether cryptocurrency arouses much more interest in the United States than anywhere else in the world, a study by investment intelligence company Invezz suggests.
There are 11 European countries in Invezz’s ranking of the world’s 20 nations showing the greatest interest in ether and sifted from 155 countries covered by the study.
Ether is the currency of the Ethereum blockchain network.
A country’s position on the list is determined by how many online searches for ether are made in it in a month, according to a statement from the London-based intelligence firm.
Germany is second in the ranking.
Nigeria is the only African country on the list, being in 17th position.
India, Vietnam and Indonesia are the only Asian nations in the ranking, being in 8th, 16th and 18th place respectively.
Brazil, which is in 4th place, and Argentina, which is 19th, are the only Latin American countries on the list the ranking.
On average 1,116,000 monthly searches for ether are in the United States.
Austria, which holds the bottommost position with 37,700 monthly searches.
Though ether is trading at less than $2,300 currently while bitcoin is staying just above $34,000, and ether’s all-time high is a little less than $4,200 compared to bitcoin’s nearly $64,000, member of Invezz editorial team Jayson Derrick is generally upbeat about ether.
“Ether exploded in value over the past year and likely generated life-changing returns for early investors who truly understood the concept from day one,” Derrick said.
“Buying Ethereum at current levels, even close to the all-time high of $4,000, makes sense for investors with a long-term timeframe. A reasonable amount of exposure to Ethereum as part of a well-diversified portfolio across multiple asset classes is certainly a logical investment strategy and one that would be hard to argue against”.
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