Number of Crypto Wallet Users 2016-2022
MORE USERS STRONGER THE GROWTH OF THE CRYPTO
An important indicator to pay attention to in crypto is the number of crypto users.
The chart shows that the number of crypto wallets is growing every year. The data is obtained from the largest exchange BINANCE, where I trade myself.
The more users on exchanges, the more money they can invest in crypto. In this way, the price of Bitcoin can grow higher and higher every year.
Over the past year, the number of wallets has grown from 77 to 84 million.
A 9% increase in the number of users despite the fact that the crypto has been in decline for more than a year.
This is a powerful fundamental signal for the growth of the crypto price in future!