Cratos X CoinNess Survey : Weekly trends of Korean cryptocurrency investors (Mar. 26, 2024 — Mar. 29, 2024)
Cratos and CoinNess conduct regular weekly surveys.
Regular surveys are conducted every week within the Cratos app, and the number of survey participants is 2,000.
This particular survey was conducted from March 26th to March 29th.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 62.3% of respondents (compared to 37.2% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 30.0% (compared to 33.8% last week), while the percentage of respondents anticipating a fall or sharp drop was 7.7% (compared to 29.2% last week).
For Ethereum, it showed a similar trend to Bitcoin. 65.2% of respondents (compared to 40.8% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 28.0% (compared to 35.1% last week), while those anticipating a fall or sharp drop remained at 6.8% (compared to 24.2% last week).
When asked about market sentiment, 52.7%, responded with optimism or extreme optimism. The proportion of those responding neutrally was recorded at 38.5%. The percentage of people experiencing fear or extreme fear in the current cryptocurrency market is 8.8%.
In response to questions about coins they recently sold or plan to sell, 20.0% of respondents answered Ethereum, followed by 17.4% for Bitcoin.
Additionally, 11.9% mentioned Ripple, 6.3% Dogecoin, 2.0% Shiba Inu, 1.9% Solana, 1.6% TRON, 1.5% Polygon, and 1.4% Ethereum Classic.
Furthermore, a total of 36.0% provided various other opinions. These included cryptocurrencies such as AhaToken, MiL.k, Klaytn, Cardano, The Sandbox, BitTorrent, Metadium, World, BORA, and others. 6.7% of respondents stated they had no intention to sell.
In response to questions about coins they recently bought or plan to buy, 22.0% of respondents answered Bitcoin, followed by 19.9% for Ethereum.
Additionally, 11.4% mentioned Ripple, 5.5% Dogecoin, 3.0% Solana, 2.4% Shiba Inu, 1.4% TRON, 1.4% Polygon, and 1.2% MiL.k.
Furthermore, a total of 31.9% provided various other opinions. These included cryptocurrencies such as Klaytn, AhaToken, Ethereum Classic, BitTorrent, Cardano, World, Core, Avalanche, Wemix, and others. 5.5% of respondents stated they had no intention to buy.
As a response to a survey asking about the prediction for the trajectory of Bitcoin post-halving as the halving approaches, the highest number of respondents, 60.4%, answered that the price of the BTC was expected to rise. Those who answered that the selling pressure was likely to intensify were 25.2%. 14.5% of respondents answered that they couldn’t expect.
