Over the past year, six new crypto billionaires have emerged, bringing the total to 28. The number of people with cryptocurrency portfolios exceeding $100 million has increased by 79% to 325.

“Of the six new crypto billionaires who emerged over the past year, five grew their wealth through Bitcoin, highlighting the cryptocurrency’s dominance in attracting long-term investors who buy assets for large sums,” explained Andrew Amoils, an analyst at New World Wealth.

Singapore is the leading cryptocurrency hub*, with Hong Kong in second place and the UAE in third. The top five also included the United States and the United Kingdom.

Bitcoin has increased in price by 2.4 times over the past year. The cryptocurrency was trading at around $26.1 thousand a year ago, and during trading on Tuesday, August 27, quotes are around $62.5 thousand.