October 23, 2023

The Top Statistics Regarding Cryptocurrencies

READ TIME: 3 MIN.

The digital platform is one of the most useful and a kind of boon to humankind. The usefulness of cryptocurrencies is without any question and as a result every second person is already having its share or is interested in having the same. The returns of cryptocurrencies are quite impressive and as a result, many people see it as a source of quick income and profit.

Thus, a large proportion of the population is interested in the subject specific of cryptocurrencies and this can be seen from the data generated from various studies in the market. The studies usually are based on statistical analysis that shows the behavior of a particular cryptocurrency in a clearer manner. These studies are done by many researchers and in this article, we are going to discuss some of the importance of these. To invest in bitcoins, you can visit online trading platforms like Bitcoin Prime platform.

The Most Searched Cryptocurrency in the World

Bitcoin is considered to be the most popular cryptocurrency of all time. As this cryptocurrency is the oldest and most successful among others, people have a large amount of faith in this currency. But, there are many other cryptocurrencies in the market. These cryptocurrencies gained importance and popularity due to the increased rate of saturation among Bitcoin and also due to excess charges of Bitcoin generation. Bitcoin is the most popular among web searches and the least searched cryptocurrency of the year was none other than Dai Coin. The number of searches for this coin is significantly less. Similarly, if we talk about cryptocurrencies other than Bitcoin, a new range of currencies is called Altcoins and among these Dogecoin is in the first spot. Another Altcoin namely Neocoin is the least searched altcoin of the time. These results are taken from the crux of over 12.7 million searches that happened on popular search engines.

Popular trends statistically

  • The popularity of Bitcoin has increased and according to surveys done in different parts of the globe it was observed that over 75% of youth now know about Bitcoin.
  • Among different altcoins, Dogecoin is the most popular of all with over 20% of youths knowing about the entity.
  • If we talk about alternatives to Bitcoin, then Ether is the most popular of all. Due to this, people are taking a keen interstate in this coin and the same can be seen from the graphical increase in the popularity of the said coin.
  • The number of people who have not heard about any of the cryptocurrencies is a meager 1 in 20. This number is the least and can be taken as to be negligible.
  • The inclusion of men is greater as compared to that of women in the crypto market. The number of men knowing these currencies is three times as compared to the women.
  • The amount of women knowing cryptocurrencies as a subject is the least when compared to the men included in finance.
  • There is a chunk of about 70% of adults already know cryptocurrency and Bitcoin.
  • Search engines around the globe are flooded with requests for cryptocurrencies and the information related to them. The number is a whopping 13 million!
  • Ether is the second most popular altcoin and is leading the chart many times now.
  • On social media, Bitcoin holds the crown of having the most popularity. Bitcoin is the most popular among different cryptocurrencies and as a result, is among the top charts.

    Thus, from the statistics, one can easily see that the popularity of cryptocurrencies is at its peak and has no plan of stopping any time soon!

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