6 Reasons Crypto Has Become So Popular in the Past Two Years

The more practical applications that can use cryptocurrency, the more it will become popular. Over the past two years, blockchain management has become a growing, legitimate industry, and so too has the metaverse. While still in its early stages, the metaverse has the potential to create an online parallel universe that will share many of the same financial transactions as the real world, from banking and mortgages to auto loans and investments. Cryptocurrency will fuel the metaverse, so if it can blossom, crypto is likely to become even more accepted. At least one tech giant is banking on this success, as Mark Zuckerberg’s Facebook has renamed the entire company to Meta Platforms.

Methodology: GOBankingRates surveyed 1,037 Americans aged 18 and older from across the country between April 8 and April 9, 2022, asking eight different questions: (1) Do you invest in cryptocurrency?; (2) If you do not invest in crypto, why not? (Select all that apply); (3) How long have you invested in crypto?; (4) What is your main goal for your crypto investments?; (5) What percentage of your investments are in crypto?; (6) Which crypto(s) are you invested in? (Select all that apply); (7) How much have you profited from crypto (all-time)?; and (8) Which crypto exchange(s) do you use? (Select all that apply). GOBankingRates used PureSpectrum’s survey platform to conduct the poll.

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