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Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally

Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
Photo by Tope A. Asokere/Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally Photo by Tope A. Asokere/Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
Photo by Tope A. Asokere/Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally Photo by Tope A. Asokere/Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally

Following the April bitcoin market crisis, a new survey identified Nigeria as the nation with the greatest interest in cryptocurrencies. According to the same study’s findings, Kenya is the second-best-ranked African nation. The top-ranked nations are more interested in purchasing the downturn, which emphasizes “their long-term perspective for cryptocurrencies,” according to Bobby Ong, co-founder of Coingecko.

Third-ranked worldwide in searches is Nigerian (Solana Searches)

Nigeria is the top-ranked nation among English-speaking nations that are most interested in cryptocurrencies, according to a recent survey conducted after the bitcoin market fell in April. According to the results of a research conducted by Coingecko, Nigeria’s score of 371 beats over that of Singapore, which came in third, by 110 points, and the United Arab Emirates (UAE), which came in second.

According to a report published by the cryptocurrency price tracker Coingecko, Nigeria’s central bank ordered financial institutions to prohibit crypto firms from the banking sector.

“Nigeria topped the list for its population having the highest search levels for the phrases ‘cryptocurrency’, ‘invest in crypto’ and ‘buy crypto’ worldwide. Additionally, the population of Nigeria search for the cryptocurrency ‘Solana’ the third most worldwide.”

BTC and ETH Trending Cryptos in the UK

Kenya, with a score of 143, is the next-highest English-speaking country in Africa after the West African country. Kenya is rated 15th overall. According to the study, BTC, ETH, and polygon are the top three trending cryptocurrencies in the sixth-ranked United Kingdom (198). The United States, one of the largest cryptocurrency marketplaces in the world, is rated twelfth with a score of 157.

Co-founder and COO of Coingecko, Bobby Ong, commented on the study’s findings as follows:

“This year, we are witnessing a large correction from past bull cycle highs, which has led to substantial price declines in a harsh macroeconomic environment. This analysis offers intriguing information on which nations continue to show the greatest interest in cryptocurrencies despite market declines.

The COO also said that the top-ranked nations were more eager to purchase the downturn, emphasizing “their long-term perspective for cryptocurrencies.”


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