30 July, 2021
The number of global crypto users reached 221 million in June 2021, according to a report by Crypto.com.
It only took four months to double the global crypto population from 100 million to 200 million, the report said.
In comparison, it took nine months to reach 100 million from 65 million since they began the research.
Although Bitcoin drove growth in January and February, altcoin adoption in May led to a massive surge in crypto users, from 143 million at the end of April to 221 million as of June.
Altcoin adoption was likely spurred by the influx of new users who were interested in tokens like Shiba Token (SHIB) and Dogecoin (DOGE), among others.
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