A recent report said the number of cryptocurrency investors will increase by 2023; It reaches about one billion people.
The cryptocurrency trading platform (Crypto.com), based on data collected by the company, stated that the declines that hit cryptocurrencies during 2022, have increased their attractiveness to investors, as The number of cryptocurrency dealers has tripled over the same period last year.
Titan Global Capital investment analyst Great Trakulhon said the majority of people who invest in digital assets are buying for speculative purposes, hoping for a return. But a handful of notables have backed cryptocurrencies including the recent wave of politicians and athletes accepting paychecks via Bitcoin, adding to the buzz around the expected mass adoption.
Despite the hurdles, crypto proponents see 2021 as a breakthrough moment for digital assets, with holdings increasing by 178% to 295 million investors.
FTX CEO Sam Bankman Fred said there is a real chance of reaching the 1 billion acquisitions.
Bankman added in an interview with Bloomberg Agency, seen by (Al Arabiya.net): There are some applications that themselves have about a billion users, so if one of them ends up entering many users to encryption, that alone may get you very close... We're not far away already.