Where are Indians investing most in crypto? It’s not Bitcoin leading the charge
Despite regulatory hurdles and high tax implications, Indians’ investments across the crypto-verse marked a significant increase this year, with over 36% of India’s crypto investments concentrated in the three — Delhi (20.1%), Bengaluru (9.6%), and Mumbai (6.5%). Delhi-NCR leads the charge in crypto adoption for the third consecutive year.
Homegrown crypto exchange CoinSwitch, in its India’s Crypto Portfolio 2024: How India Invests’ report, reveals that meme-coin Dogecoin topped the list of the ‘most invested coins’, while SHIB led the way for the ‘most traded coins’. PEPE emerged as the top-performing asset in 2024.
Delhi-NCR recorded nearly twice the investment of Bengaluru, which secured the second spot, followed closely by…
