Crypto
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally – Featured Bitcoin News
A brand new examine has ranked Nigeria because the nation most interested by cryptocurrency submit the April crypto market crash. The identical examine findings present Kenya because the second-highest ranked African nation. Based on Bobby Ong, co-founder of Coingecko, the international locations topping the checklist appear extra eager about shopping for the dip and this highlights “their long-term outlook for cryptocurrencies.”
Nigerian Solana Searches Third Highest Globally
After the cryptocurrency market crashed in April, a brand new examine discovered Nigeria because the primary ranked nation amongst English-speaking international locations which are most eager about cryptocurrency. Based on the findings of a examine undertaken by Coingecko, Nigeria’s rating of 371 surpasses that of second-ranked United Arab Emirates (UAE) by 101, and that of third-placed Singapore by 110.
Elaborating on Nigeria — whose central financial institution directed monetary establishments to dam crypto entities from the banking ecosystem — a report launched by the crypto value tracker Coingecko states:
Nigeria topped the checklist for its inhabitants having the best search ranges for the phrases ‘cryptocurrency’, ‘spend money on crypto’ and ‘purchase crypto’ worldwide. Moreover, the inhabitants of Nigeria seek for the cryptocurrency ‘Solana’ the third most worldwide.
BTC and ETH Trending Cryptos within the UK
After the West African nation, Kenya is the following highest ranked English-speaking African nation with a rating of 143. Total, Kenya is ranked quantity 15. Within the sixth-ranked United Kingdom (198), BTC, ETH, and polygon are all trending cryptocurrencies, the report stated. With a rating of 157, the US — one of many world’s greatest cryptocurrency markets — is ranked twelfth.
In the meantime, in his feedback on the examine’s findings, Bobby Ong, Coingecko’s COO and co-founder, stated:
“This 12 months, we see a serious correction from earlier bull cycle highs, which have resulted in important value drawdowns in an unforgiving macroeconomic setting. This examine supplies attention-grabbing perception into which international locations stay most eager about cryptocurrency despite market pullbacks.”
The COO added that international locations topping the checklist appear extra eager about shopping for the dip, due to this fact highlighting “their long-term outlook for cryptocurrencies.”
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