In 2024, with all the buzz about meme coins and AI, the number of crypto billionaires will have surpassed 172,000
In a recent tweet on X, ETF specialist Nate Geraci reveals facts on the amount of crypto millionaires.
According to research from Barron's, the number of crypto millionaires quadrupled in 2024, reaching 172,300.
According to the Crypto Wealth Report 2024, the number of Bitcoin billionaires has more than quadrupled this year.
The number of crypto and Bitcoin millionaires has increased since last year, according to Crypto Wealth Report 2024. In response to the data, ETF Store's Nate Geraci offered some commentary. As of this writing, one Bitcoin is worth $59,062.
In 2024, there were 85,400 Bitcoin millionaires, which is twice as many as in 2023.
Crypto millionaires have more than quadrupled this year, with Bitcoin's number exceeding double.
Crypto Wealth Report 2024 was released by New World Wealth and Henley & Partners. According to the data, 172,300 people now have cryptocurrency holdings of more than $1 million. From 88,200 in 2023, the figure has quadrupled.
There was a 111% increase to 85,400 Bitcoin millionaires at that period, which is more than twice the previous high.
With a combined fortune of over $100 million, 325 people became centi-millionaires in 2024. The report's data shows that 28 new crypto millionaires were added to the mix in 2024.
In a recent tweet on X, crypto specialist and co-founder of the ETF institute Nate Geraci published the numbers.
As of this writing, one Bitcoin is worth $59,062. So far this year, the asset has gained over 40%.
The highest performing assets in 2024 were meme coins and AI tokens, according to CoinGecko's research. This is despite the fact that Bitcoin ETFs have accelerated increases in Bitcoin and probably helped the number of Bitcoin billionaires grow.
