College Graduates Make up Over 65% of Oman’s Crypto Holders – Study Reveals

Written by Joy Rice

A new study by Souq Analyst reveals that a majority of Oman’s crypto holders are high school or college graduates. The study found that around 65,000 residents of Oman hold cryptocurrencies, and 90% of them are aged between 18 and 44.

According to a new study by Souq Analyst, approximately 1.9% of Oman’s adult population, or 65,000 residents, own cryptocurrency. However, the study suggests that despite this relatively low ratio of crypto holders, the level of awareness of cryptocurrency in Oman is significantly high.

An impressive 97.9% of Omani adults have heard about cryptocurrency, indicating an increasing level of awareness.

The study also revealed that 90% of Oman residents who own cryptocurrencies are aged between 18 and 44.

Oman’s Highly Educated Crypto Holders

The study conducted by Souq Analyst, in which over 200 participants were surveyed, revealed that 66% of Oman’s crypto holders possess a Bachelor’s degree or higher education. Additionally, it found that around 25% of the respondents graduated from high school.

The study also provided insight into the composition of crypto assets held by Oman’s crypto holders, it found that over 55% of them hold bitcoin. Additionally, it indicates that nearly 50% own ETH, and about 25% hold the stablecoin tether.

The study also looked into the value of crypto assets held by the respondents, over 12% of them reported that their portfolio is worth more than $25,900 or 10,000 Oman rials. However, a larger portion of the participants (over 35%) reported that their crypto assets are worth less than $259 in U.S. dollars.

Meanwhile, in remarks published on the blog Laraontheblock, Mohammed Al-Tamami, the founder of Souq Analyst, lauded the study findings which are “generally useful to everyone.”

 

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