CoinDCX report shows growing interest in multi-token strategies as adoption matures
Indian crypto investors are increasingly adopting diversified portfolio strategies, moving beyond a Bitcoin-centric approach. According to a recent report from CoinDCX, the trend reflects a maturing market as users treat digital assets as a natural extension of traditional investing.
The report highlights that the average CoinDCX user now holds five tokens, up from two to three in 2022. Layer-1 assets account for 43.3% of portfolio volume, while Bitcoin represents 26.5%. Memecoins contribute 11.8% of allocations, indicating that investors are exploring a mix of stable, emerging, and speculative assets.
Demographics Show Millennial Dominance
CoinDCX data reveals the average trader is now 32 years old, with millennials forming the majority of the user base. Gen Z participants, aged 18 to 24, focus on layer-2 networks, memecoins, and NFTs, highlighting generational differences in risk appetite and interest in emerging crypto narratives.
Female participation on the exchange has doubled year-on-year, with women investors branching out beyond Bitcoin and Ether to tokens like Solana and Sui. This shift reflects broader adoption and growing confidence in diversified crypto holdings.
While India shows wide crypto adoption, on-chain activity and token-related engagement indicate adoption still lacks depth. Experts emphasize that education, innovation, and strategic investment guidance will play key roles in sustaining long-term growth in the market.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.