CRYPTO EXCHANGE TRAFFIC RISES 8% IN OCTOBER AS INVESTORS PREPARE FOR 2024 ELECTION RALLY
Monthly web traffic to 20 leading crypto exchanges rose by 8% in October 2024, reflecting increased investor interest ahead of the U.S. elections.
ICO Analytics reported Pump•fun led with a 100% increase, followed by BullX and Uniswap with 78% and 42% growth, respectively.
Major exchanges, including Binance and Coinbase, saw significant traffic spikes, aligning with an “Uptober” trend, as crypto assets typically perform well in October.
Bitcoin hit an all-time high of $76,496 after pro-crypto candidates gained momentum, sparking optimism for sustained gains.
Source: Mario Nawfal