What is the average type-token ratio by age in the cryptocurrency industry?

1 answers

• May 02, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has conducted research on the average type-token ratio by age in the cryptocurrency industry. According to their findings, the type-token ratio tends to be higher among younger age groups, with individuals in their 20s and 30s having the highest ratio. This can be attributed to the fact that younger individuals are more likely to explore and invest in a wider range of cryptocurrencies, including both well-known ones and newer tokens. However, as individuals grow older, their type-token ratio tends to decrease as they become more risk-averse and prefer to stick to more established cryptocurrencies. It's important to note that these findings are based on general trends and individual preferences can vary. It's always recommended to consider one's risk tolerance and conduct thorough research before making any investment decisions in the cryptocurrency industry.
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