More than 20% of cryptocurrency owners did not have their own funds to buy virtual assets

According to a survey conducted by DebtHammer researchers, more than 20% of cryptocurrency investors from the United States have taken out a loan to buy virtual assets.

As the researchers found out, cryptocurrency holders took out loans in the amount of $ 500 to $ 1000, which is a relatively small amount for Americans. However, most of these loans were taken out at an annualized rate of 400%, which caused many financial problems for crypto investors.

Most borrowers spent the money to buy bitcoin (54%), and the top five most popular cryptocurrencies to buy with credit funds are: Dogecoin (38%), Ethereum (29%), and Shiba Inu (14%). Also, 6% of users have purchased the«famous» Luna token.

More than 23% of respondents said that they purchased cryptocurrencies due to falling market prices and their own hopes for future investment returns. Thus, Shiba Inu holders can expect a significant increase in the value of SHIB in the near future — this is what the members of the CoinMarketCap cryptocurrency community predicted. According to the vote of 16,403 members of the CoinMarketCap community, SHIB will be trading at $ 0.1039 by July 31 (which is approximately 101% higher than the price at the time of the vote).