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Nearly Half Entered the Market This Year, Says Binance

Nearly Half Entered the Market This Year, Says Binance

With Bitcoin passing the $100K mark, you don’t need us to tell you that 2024 was a good year. For seasoned crypto folks (degens), this year was somewhat of an inevitability but for newbies, 2024 might have presented a lightbulb moment.

According to a new Binance survey of 27,230 respondents, almost 45% of respondents joined the crypto space in 2024. 24.52% entered within the last six months, while 20.60% joined earlier in 2024.

Over the last six months, the industry has seen Bitcoin surpass $100,000 and of course, Donald Trump’s election win. Already laying the groundwork for a pro-crypto Presidency, Trump has promised the industry the moon, and in response, the industry has mooned accordingly.

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