GITNUX MARKETDATA REPORT 2024

Undervalued Crypto Statistics

Undervalued crypto statistics can provide insight into potential investment opportunities and trends within the cryptocurrency market.

With sources from: independent.co.uk, decrypt.co, statista.com, cryptoslate.com and many more

Statistic 1

As of September 15th, 2021, Bitcoin dominance is back to 41% while Ethereum's dominance has soared up to 20.4%.

Statistic 2

UniBright (UBT) had a score of just 13%, making it one of the least undervalued as of January 2021

Statistic 3

As of 2021, around 14% of the U.S. population owns cryptocurrency, with Bitcoin and Ethereum being the most popular.

Statistic 4

63% of the UK adults have heard of Bitcoin, which can indirectly highlight other cryptos' high growth potential.

Statistic 5

38% of UK cryptocurrency holders check their balance daily - which can prompt quick reactions if an asset is deemed undervalued.

Statistic 6

Around 86% of the people invest in cryptocurrency expecting to earn profit.

Statistic 7

Among crypto holders, 37% believe they have made money on their crypto investments.

Statistic 8

Blockchain wallet users have grown from nearly 9 million in 2016 to over 76 million in 2021, creating fertile ground for undervalued assets to be discovered.

Statistic 9

In a survey, 69.2% investors agreed that the ability to invest small amounts was a factor in their decision to invest in crypto.

Statistic 10

Over half of all Americans - 55 percent - are optimistic about the future of blockchain technology, providing optimism for the growth of undervalued cryptos as well.

Statistic 11

As of 2021, approximately 300,000 Bitcoin wallets hold 1+ bitcoins, highlighting the wide spread usage of cryptocurrencies.

Statistic 12

There are more than 400 million crypto users worldwide as of 2021.

Statistic 13

As of 2021, women made up nearly 15% of Bitcoin traders, bringing a diverse demographic that might be better placed to spot undervalued assets.

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In this post, we will explore a series of compelling statistics that shed light on the current state of the cryptocurrency market and the potential for discovering undervalued assets. From the dominance of Bitcoin and Ethereum to the growing number of cryptocurrency investors worldwide, these statistics provide valuable insights into the evolving landscape of digital currencies. Whether you’re a seasoned investor or just beginning to navigate the world of crypto, these data points offer valuable perspectives on the opportunities that may lie ahead.

Statistic 1

"As of September 15th, 2021, Bitcoin dominance is back to 41% while Ethereum's dominance has soared up to 20.4%."

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Statistic 2

"UniBright (UBT) had a score of just 13%, making it one of the least undervalued as of January 2021"

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Statistic 3

"As of 2021, around 14% of the U.S. population owns cryptocurrency, with Bitcoin and Ethereum being the most popular."

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Statistic 4

"63% of the UK adults have heard of Bitcoin, which can indirectly highlight other cryptos' high growth potential."

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Statistic 5

"38% of UK cryptocurrency holders check their balance daily - which can prompt quick reactions if an asset is deemed undervalued."

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Statistic 6

"Around 86% of the people invest in cryptocurrency expecting to earn profit."

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Statistic 7

"Among crypto holders, 37% believe they have made money on their crypto investments."

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Statistic 8

"Blockchain wallet users have grown from nearly 9 million in 2016 to over 76 million in 2021, creating fertile ground for undervalued assets to be discovered."

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Statistic 9

"In a survey, 69.2% investors agreed that the ability to invest small amounts was a factor in their decision to invest in crypto."

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Statistic 10

"Over half of all Americans - 55 percent - are optimistic about the future of blockchain technology, providing optimism for the growth of undervalued cryptos as well."

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Statistic 11

"As of 2021, approximately 300,000 Bitcoin wallets hold 1+ bitcoins, highlighting the wide spread usage of cryptocurrencies."

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Statistic 12

"There are more than 400 million crypto users worldwide as of 2021."

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Statistic 13

"As of 2021, women made up nearly 15% of Bitcoin traders, bringing a diverse demographic that might be better placed to spot undervalued assets."

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Interpretation

In conclusion, the statistics reveal a compelling landscape for undervalued cryptocurrencies. The rise in Ethereum dominance, coupled with the widespread ownership and growing popularity of Bitcoin and Ethereum, suggests a fertile ground for discovering undervalued assets. The increasing number of crypto users, diverse demographic participation, and optimism toward blockchain technology further support the potential for growth in undervalued cryptos. The high percentage of investors aiming for profit, coupled with the accessibility to invest small amounts, signifies a strong interest and potential for discovering undervalued assets within the cryptocurrency market.

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