Nigeria is the most crypto-obsessed English-speaking country in the world – Bitcoin Featured News

A new study ranks Nigeria as the country most curious about cryptocurrency after the crypto market crash in April. The results of the same study show that Kenya is the second highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries that top the list appear to be more interested in buying dips, and this highlights their “long-term view of cryptocurrencies.”

Nigerian Solana is looking for third place in the world

After the crash of the cryptocurrency market in April, a new study found that Nigeria ranks first among the English-speaking countries with the most interest in cryptocurrency. According to the results of a study conducted by Coingecko, Nigeria which ranked second with 371 outperformed the second-ranked United Arab Emirates with 101, and surpassed third-ranked Singapore with 110.

Detailing in Nigeria – whose central bank has directed financial institutions to ban crypto entities from the banking ecosystem – a report by crypto price tracker Coingecko says:

Nigeria topped the list of its population with the highest levels of search for the terms “cryptocurrency”, “invest in cryptocurrency” and “buy cryptocurrency” worldwide. In addition, Nigerians are searching for the cryptocurrency “Solana”, which is ranked third in the world.

BTC And the ETH Cryptocurrencies trending in the UK

After the West African country, Kenya is next in the English-speaking African countries with a score of 143. In total, Kenya ranks 15. It is ranked sixth in the United Kingdom (198), BTCAnd the ETHThe report said Polygon is all heading towards cryptocurrencies. With a score of 157, the United States – one of the largest cryptocurrency markets in the world – is ranked 12th.

Meanwhile, in his comments on the study findings, Bobby Ong, COO and Co-Founder of Coingecko, said:

“This year, we are witnessing a significant correction from previous bull cycle highs, which has led to a significant drop in prices in an unforgiving macroeconomic environment. This study provides interesting insight into which countries remain more interested in cryptocurrency despite the downturns in the market.” .

The COO added that the countries that top the list seem more interested in buying the dip, thus highlighting their “long-term outlook for cryptocurrencies.”

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Terence Zimoara

Terence Zimoara is a Zimbabwean award-winning journalist, author and writer. He has written extensively about the economic problems of some African countries as well as how digital currencies can provide Africans with an escape route.

photo credits: Shutterstock, Pixabay, Wikicommons

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