Crypto Millionaire Population Increased by 95% in A Year

As per the Crypto Wealth Report 2024, the Crypto millionaire count has surged to 172,300 after a 95% surge in the last year.

The crypto industry has experienced rapid growth in recent years, with the total market capitalization reaching trillions. This growth has been driven by several factors, including the increasing popularity of Bitcoin, the entry of millions of new cryptos into the market, and the high level of activity among crypto traders.

According to the Crypto Wealth Report 2024, the number of crypto millionaires has surged to 172,300, marking a 95% increase from the previous year. This means that 172,300 individuals now hold cryptocurrencies valued at over $1 million, collectively amassing a market cap of $173.3 billion.

In comparison, the crypto millionaire population stood at 88,200 in 2023, highlighting the significant growth in this segment. The surge in crypto millionaires is further evident in the higher count of billionaires and centi-millionaires.

The number of users with cryptocurrency holdings valued at $1 billion has increased to 28, while the count of crypto centi-millionaires (those holding $100 million) has surged to 325.

Moreover, the number of Bitcoin millionaires has also increased by 111% within a year, officially reaching 85,400 millionaires. This is nearly double the number recorded in the previous year. The count of Bitcoin centi-millionaires has also doubled, reaching a total of 156.

The report also highlights the increasing number of crypto users, which has now reached 560 million, indicating a 32% growth over the year. Meanwhile, the count of Bitcoin users has also increased to 275 million after a 31% surge, showcasing the dominance of Bitcoin users and millionaires in this achievement.

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