Crypto Users to Reach 1 Billion?
Hey folks.
The crypto market has been in the bears for some time now. According to Bitfinex analysts the number of crypto users could jump to between 850 to 950 million in the year 2024 if the market conditions remained bullish.
2023 was the year that is said to put the crypto in a tough position but the analysts remain optimistic that the industry will continue to grow with some even thinking that the users may get near to 1 billion in 2024.
In a report by the analysts from the cryptocurrency exchange Bitfinex that the global crypto owners had reached to 575 million as of December. It was 432 million at the start of 2023. That has shown a rise.
And according to the Bitfinex analysts, the number could grow up to between 850 to 950 million and they think the number could reach if the current bullish market conditions continued through the year 2024.
Additionally, the experts said that investment activity in the sector is still expanding.
Apart from the Bitfinex, Statista, a statistics website also has its projections for the growth of crypto user. According to them the number of crypto users could grow nearly to 833 million in 2024 and in 2028 could reach around to 992 million.
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