CoinDCX: Indian investors are looking beyond Bitcoin, with Layer-1 tokens being the most popular

According to a report by Cointelegraph, Indian cryptocurrency exchange CoinDCX pointed out in a survey released on Thursday that Indian cryptocurrency investors now hold an average of 5 tokens per portfolio, up from about 2-3 in 2022.

Among them, Layer-1 tokens are the most popular category, chosen by 43.3% of respondents, which CoinDCX describes as "a clear indicator of research-driven diversification rather than single-asset speculation." Bitcoin follows closely, accounting for 26.5%, while meme coins represent 11.8% of investor preferences.