According to a survey conducted on Twitter by @GlobeeCom, 87% of the respondents would like to receive Bitcoin and Ripple as a gift. The options available for voting were Bitcoin (BTC), Monero (XMR), XRP or ‘other’ virtual currency.
Bitcoin and Ripple Leading the Survey
The survey conducted by GloBee received more than 14,600 votes, 318 likes. 234 re-tweets and 304 comments. XRP received 50% of the votes, followed by BTC with 37%, XMR with 9% and ‘other’ 4%.
If the only gift you could receive is cryptocurrency, what would you be hoping for?#Crypto #BTC #XMR #XRP #ThursdayThoughts
— GloBee.com 🐝 (@GlobeeCom) December 20, 2018
This shows that the two largest virtual currencies in the market are the most valuable for individuals. However, Twitter surveys are not so accurate as expected. In general, they are created by an account with interests behind or that supports a specific virtual currency.
In this case, Globee tends to work with Monero and Bitcoin. The cover image says “Accept Monero. Global payments made easy.” Indeed, the survey showed the two largest virtual currencies and included Monero, which is currently the 13th largest in the market.
Other cryptocurrencies that could have received more votes are Ethereum (ETH), Bitcoin Cash (BCH) or Litecoin (LTC), among others in the top 10.
XRP ended being the winner. The XRP community is very active and tends to participate in social media more than supporters of other digital assets. XRP supporters have been trying to increase XRP adoption around the world. For example, they asked Changpeng Zhao, the CEO and founder of Binance to add XRP as a base cryptocurrency.
Binance is the largest cryptocurrency exchange in terms of trading volume. It has also more than 400 trading pairs on its platform. XRP can be used by users to move assets among exchanges in the space. Fees and transaction times are very low compared to other assets.
XRP has also been trying to be supported by Coinbase. Coinbase is also one of the most recognized companies in the space. The exchange has been adding support to other virtual currencies but XRP is still not available for trading.
The XRP community is also waiting for more clarity related to how it is considered by regulatory entities. The U.S. Securities and Exchange Commission (SEC) announced that Bitcoin and Ethereum are not securities. However, it did not mention anything about XRP. This is something that has increased regulatory uncertainty around this asset. This might be also one of the reasons why Coinbase did not list XRP on its platform.
