Many people have stumbled upon unexpected wealth thanks to cryptocurrencies. You don’t have to be an expert to see that Bitcoin’s price is sky-high compared to when it first started. Back around 12-15 years ago, you could buy thousands of Bitcoins for almost nothing.
It’s believed that the biggest gains were made by those who believed in digital currencies at the very beginning. But fast forward to today, and new coins are still popping up, offering fresh opportunities to make a fortune. Recent reports show that the number of crypto millionaires is on the rise, proving that people are still cashing in on this digital gold rush. How many cryptocurrency millionaires are there?
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Understanding crypto millionaires
Crypto millionaires come from diverse backgrounds and employ various strategies to maintain their wealth. Beyond early investors, many have made their fortunes through savvy trading, capitalizing on market volatility to buy low and sell high.
Others have really flourished in the world of decentralized finance, finding ways to earn passive income by lending out their assets or providing liquidity to exchanges. Some crypto millionaires really make the most of their expertise by launching exciting projects that solve real problems or offer new experiences, drawing in significant investment.
The crypto world changes fast, and these millionaires realize that staying attuned to market trends is key to their continued success.
Estimating the number of crypto millionaires
How many crypto millionaires are there in the world? According to the 2024 report by New World Wealth and Henley&Partners, there are currently 172,300 individuals worldwide who hold crypto assets worth over $1 million.
The number of millionaires exclusively owning
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Author: Nastassia Chigir
