Crypto Comes Out Strong
Overview
Introduction
The crypto industry’s performance in this year’s Brand Intimacy Study reveals how users engage with different crypto brands and tests their loyalties in the ebbs and flows of the volatile crypto landscape. In its first year included as an industry, crypto ranked an impressive eighth overall in our 2022 Brand intimacy Study. With an average intimacy Quotient Score of 37.7, crypto scored higher than the cross-industry average of 36.8 and outperformed the financial services industry. This may point toward younger generations shifting away from investing in traditional financial services in favor of crypto.
Within the crypto industry, Cardano (ADA) was the top-ranked brand with a Quotient Score of 52.6, outranking more well-known crypto brands, such as Bitcoin (with a Quotient Score of 51.9) and Ethereum (with a Quotient Score of 42.8). In the study overall, Cardano and Bitcoin came in 26th and 30th place, respectively.
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