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Crypto.com CEO: NFTs to Bring Next 100M Cryptocurrency Users

Crypto.com CEO Kris Marszalek has understood the catalyst that will move cryptocurrency to 200 million users. 

Moreover, it took more than a decade to reach 100 million crypto users. However, Marszalek expects that the arrival of next 100 million users will happen in a smaller time frame.

Marszalek  said,

“Going from 100 to 200 million is going to be much, much faster than going from, you know, 50 to 100 [million].”

NFT Craze Brings Next 100M Crypto Users

NFTs have established themselves as the trending topic of 2021 so far. The NBA, Jack Dorsey, and some other prestigious auction houses in the world are all investing in the craze. 

Marszalek is excited about the outlook of top influencers who have 100, 200 million followers, 250 million followers gaining their fan bases involved with crypto. More so, he believes this could lead to an increase in new users.

Global Crypto Users Surpassed Over 100M (Source: Crypto.com)

In January 2021, the Global crypto users surpassed over 100 million for the first time. For instance, there are only 66 million users in May 2020. All in all, the growing number of crypto users made the price of Bitcoin, Ethereum, and other cryptocurrency to hit a new all-time high price.

According to CoinGecko, the BTC price is $55,027.64, at the time of writing. Even more, the cryptocurrency market cap strikes over $1.7 trillion surpassing google stock.

In addition, the mass adoption of crypto is also due to the rising number of institutional investors. Even more, many institutional players such as Tesla, Paypal, etc. are increasing their Bitcoin acquisitions. Also, planning to support Bitcoin payments.

The News Crypto Staff

The News Crypto is a group of crypto journalists writing about the latest happenings in the crypto and blockchain industry.

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