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They could sound just like the stuff of dreams, but these are very real numbers from the market performance of cryptocurrencies in the past two months, that is, September 11 to November 11. The world of cryptocurrencies is gaining new followers each day, as everybody needs to get a bit of the moonshot action. Extra investors are, after all, resulting in extra and more cash flowing into these digital currencies.
– For people who self custodial their cryptocurrencies – individuals can have multiple wallets for different cryptocurrencies.
– For individuals who store their cryptocurrencies on exchanges – 1 wallet tackle doesn’t equate to 1 consumer on the change. It’s also typical for exchanges to create a wallet tackle for every transaction.
Thus, the one approach to get an understanding of the number of customers for cryptocurrencies is through approximations.