MIIX Capital: Over 5 million cryptocurrency holders in Japan, accounting for 4% of the total population. BTC and ETH portfolios have the highest proportion

Golden Finance reported that MIIX Capital released a research report on the Japanese cryptocurrency market, which showed key data including:

1. According to estimates by TripleA, more than 5 million people currently own cryptocurrency, accounting for 4.0% of Japan’s total population.

2. BTC and ETH are still the most popular crypto assets among Japanese investors, but they have also shown strong interest in diversifying into fields such as NFT, metaverse, stablecoins, public chains, DeFi and Meme coins.

3. Japanese men are more interested in cryptocurrency investment. 80% of investors are male, and only 20% are female investors.

4. BTC and ETH account for the highest proportions in Japanese users’ investment portfolios, covering all age groups. Other popular categories favored by Japanese investors include NFT (27%), Metaverse (24%), stablecoins (16%) and Public chain projects (15%), in addition, GameFi (11%), DeFi (8%), and Meme coins (8%) have gradually become the investment choices of Japanese users.

5. Most Japanese investors learn about cryptocurrency through social media and key opinion leaders (KOL). The social media platforms they trust and use include: YouTube (32%), Twitter (23%), Line (15%), Instagram ( 13%) and TikTok (9%). Data shows that technical social channels such as Discord, Telegram, and Reddit are not trusted by Japanese users.