Latest research study new study has rated Nigeria as the country most that’s has shown most interest about cryptocurrency after the April crypto market collapse, the study also revealed that Kenya is the second-highest ranked African country, but not in the world.
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According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested in buying the dip and this highlights “their long-term outlook for cryptocurrencies.”
After the cryptocurrency market crashed in April, a new study found Nigeria as the number one ranked country among English-speaking countries that are most interested in cryptocurrency. According to the findings of a study undertaken by Coingecko, Nigeria’s score of 371 surpasses that of second-ranked United Arab Emirates (UAE) by 101, and that of third-placed Singapore by 110.
Elaborating on Nigeria — whose central bank directed financial institutions to block crypto entities from the banking ecosystem — a report released by the crypto price tracker, on the research states:
‘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.”
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 world’s biggest cryptocurrency markets — is ranked twelfth.