Indian Investors Diversify Portfolios: CoinDCX Report Reveals Shift

A recent report from CoinDCX reveals that Indian cryptocurrency investors are shifting their portfolio strategies, moving away from a previously heavily Bitcoin-centric approach towards greater diversification. The data suggests an increased focus on long-term asset allocation, particularly as maturity and sophistication among traders continue to grow. Key takeaways include the rise of layer-1 assets and memecoins in portfolios, the average user’s portfolio now containing approximately five tokens compared to two or three in 2022, and a notable increase in female participation across various tokens.