Crypto Market Sizing Report 2021 and 2022 Forecast | Crypto.com (2024)

FAQs

Crypto Market Sizing Report 2021 and 2022 Forecast | Crypto.com? ›

We expect the number of global crypto owners to reach 1 billion by the end of 2022. The global crypto population has increased by +178% in 2021, rising from 106 million in January to 295 million in December.

The global cryptocurrency market size was valued at USD 910.3 million in 2021 and is projected to reach USD 1,902.5 million in 2028, exhibiting a CAGR of 11.1% during the forecast 2021-2028. Global market exhibited a significant growth of 10.0% in 2020 as compared to year-on-year growth during 2017-2019.

Cryptocurrency Market Outlook (2024 to 2034)

The global cryptocurrency market is projected to ascend to US$ 13 billion by the end of 2034, up from US$ 3.8 billion in 2024. Worldwide revenue has been calculated to increase at a high-value CAGR of 13% from 2024 to 2034.

Crypto.com, a leading cryptocurrency exchange, has achieved a significant milestone by surpassing 100 million users worldwide. This achievement comes on the heels of the platform's notable increase in users following its sponsorship of the Formula 1 Miami Grand Prix in May 2022.

How do you predict the price of a coin? Fundamental analysis, technical analysis, on-chain analysis, and sentiment analysis can help identify crypto price trends. Note that the crypto market is very volatile, and a cryptocurrency's price can go against you. Never invest more than you can afford to lose.

Being a project that stands out for several reasons, EarthMeta could potentially be the next 1000x in crypto space. Since the project integrates AI with the Metaverse, creating a decentralized digital world, it allows users to own, govern, and interact with virtual cities and assets, providing a unique experience.

The global cryptocurrency market cap today is $2.50 Trillion, a -0.20% change in the last 24 hours.

The average revenue per user in the Cryptocurrencies market amounts to US$61.8 in 2024. From a global comparison perspective it is shown that the highest revenue is reached in the United States (US$23,220.0m in 2024). In the Cryptocurrencies market, the number of users is expected to amount to 992.50m users by 2028.

If this pattern continues into 2030, the price could peak around 2029 or 2030, potentially aligning with Wood's price prediction. If Wood is correct and Bitcoin reaches $3.8 million, a $100 investment in Bitcoin today would be worth $5,510 in 2030. This translates to a compounded annual growth rate (CAGR) of over 95%.

Key Takeaways. Bitcoin, the cryptocurrency, is most likely to remain popular with speculators over the next decade. Bitcoin, the blockchain, will probably continue to be developed to address long-standing issues like scalability and security.

Is crypto com going to close? ›

Crypto.com to Close US Institutional Service Amid SEC's Crypto Crackdown. Cryptocurrency exchange Crypto.com said Friday that it will wind down its institutional service for American clients on June 21.

The answer is not yet clear. Crypto.com has not filed for bankruptcy, and it is possible that they will be able to find another source of funding. However, with their largest creditor now bankrupt, it is certainly a possibility that Crypto.com will also go bankrupt in the near future.

Our real-time CRO to USD price update shows the current Cronos price as $0.102262 USD. Our most recent Cronos price forecast indicates that its value will increase by 0.49% and reach $0.102765 by June 15, 2024.

It significantly rose to $45,203 after May 2022. Crypto experts believe that if Bitcoin maintains the $45,000 level and beyond, it could reach $60,000 by the end of 2024.