Nigeria, The World’s Most Crypto-Obsessed English-Speaking Country – Featured Bitcoin News

A new survey ranks Nigeria as the country with the most curiosity about cryptocurrency since the crypto market crash in April. The same survey results show that Kenya is the second highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries at the top of the list appear to be more interested in buying the dip and this highlights “their long-term outlook for cryptocurrencies.”

The Nigerian Solana is the third highest in the world

After the cryptocurrency market crashed in April, a new survey found that Nigeria was ranked first among the English-speaking countries most interested in cryptocurrency. According to the results of a survey conducted by Coingecko, Nigeria’s score of 371 surpassed that of second-placed United Arab Emirates (UAE) at 101 and third-placed Singapore at 110.

Elaborating on Nigeria – whose central bank has ordered financial institutions to block crypto entities from the banking ecosystem – a report published by crypto price tracker Coingecko states:

Nigeria topped the list for its population with the highest search rates for the phrases “cryptocurrency,” “investing in crypto,” and “buying crypto” worldwide. Also, the population of Nigeria searches for Solana cryptocurrency in third place in the world.

BTC and ETH, trending cryptocurrencies in the UK

After the West African nation, Kenya is the next highest-ranked English-speaking African country with a score of 143. Overall, Kenya is ranked number 15. In the sixth-ranked United Kingdom (198), BTC, ETH and Polygon are all trending cryptocurrencies, the report said. With a score of 157, the United States — one of the largest cryptocurrency markets in the world — is ranked twelfth.

Meanwhile, commenting on the survey findings, Bobby Ong, COO and co-founder of Coingecko, said:

“This year we are seeing a major correction from previous bull cycle highs that led to significant price declines in an unforgiving macroeconomic environment. This survey provides interesting insight into which countries remain most interested in cryptocurrency despite the market pullback.”

The COO added that the countries topping the list appear to be more interested in buying the dip, thus underscoring “their long-term outlook for cryptocurrencies.”

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Terence Zimvara

Terence Zimwara is an award-winning journalist, author and writer from Zimbabwe. He has written extensively on the economic woes of some African countries, as well as how digital currencies can provide Africans with an escape route.

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