The number of crypto billionaires is growing fast, here’s why

source https://cointelegraph.com/explained/the-number-of-crypto-billionaires-is-growing-fast-heres-why


The adoption of the crypto market is increasing, which means that more money is going to various crypto projects. Due to the wealth potential, people invest in cryptocurrencies, leading to the rise of billionaires.

Many people have started investing in crypto because of the great success stories that can be found all over the internet. From cryptocurrency investors, who bought Bitcoin (BTC) worth tens and hundreds of dollars and chose hodl for years, to crypto whales who started a crypto-related business are among the key crypto enthusiasts. 

It is feasible to become a crypto whale by trading well, building a business, investing well or already having a decent fortune, so that being significantly active in the crypto market with large corporations is possible. The crypto market is growing and every day, there are many opportunities for crypto investors and crypto whales to grow their assets and become crypto billionaires.

The crypto market is a very volatile market, however, which brings with it inevitable risks and opportunities. Despite this, money is finding its way to the many new crypto companies and relatively young companies developing decentralized applications (DApps). These DApps focus on Web3, the evolution of the existing World Wide Web.

source https://cointelegraph.com/explained/the-number-of-crypto-billionaires-is-growing-fast-heres-why