{"id":66227,"date":"2022-08-04T09:02:42","date_gmt":"2022-08-04T09:02:42","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=66227"},"modified":"2022-08-04T09:02:42","modified_gmt":"2022-08-04T09:02:42","slug":"study-nigeria-most-crypto-obsessed-english-speaking-country-globally","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=66227","title":{"rendered":"Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally"},"content":{"rendered":"<p><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/shutterstock_2087691316.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\"><\/p>\n<p><strong>A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested in buying the dip and this highlights \u201ctheir long-term outlook for cryptocurrencies.\u201d<\/strong><\/p>\n<h2>Nigerian Solana Searches Third Highest Globally<\/h2>\n<p>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\u2019s score of 371 surpasses that of second-ranked United Arab Emirates (UAE) by 101, and that of third-placed Singapore by 110.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-540190\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/nigeria-crypto-obsession.png\" alt=\"\" width=\"615\" height=\"589\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/08\/nigeria-crypto-obsession-300x287.png 300w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/08\/nigeria-crypto-obsession.png 615w\" sizes=\"auto, (max-width: 615px) 100vw, 615px\"><\/p>\n<p>Elaborating on Nigeria \u2014 whose central bank <a href=\"https:\/\/news.bitcoin.com\/central-bank-of-nigeria-orders-banks-to-close-accounts-of-crypto-clients-as-remittances-via-traditional-corridors-drop-by-97\/\">directed<\/a> financial institutions to block crypto entities from the banking ecosystem \u2014 a report released by the crypto price tracker Coingecko states:<\/p>\n<blockquote>\n<p>Nigeria topped the list for its population having the highest search levels for the phrases \u2018cryptocurrency\u2019, \u2018invest in crypto\u2019 and \u2018buy crypto\u2019 worldwide. Additionally, the population of Nigeria search for the cryptocurrency \u2018Solana\u2019 the third most worldwide.<\/p>\n<\/blockquote>\n<h2><a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a> and <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> Trending Cryptos in the UK<\/h2>\n<p>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), <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener\">BTC<\/a>, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a>, and polygon are all trending cryptocurrencies, the report said. With a score of 157, the United States \u2014 one of the world\u2019s biggest cryptocurrency markets \u2014 is ranked twelfth.<\/p>\n<\/p>\n<p>Meanwhile, in his comments on the study\u2019s findings, Bobby Ong, Coingecko\u2019s COO and co-founder, said:<\/p>\n<p>\u201cThis year, we see a major correction from previous bull cycle highs, which have resulted in significant price drawdowns in an unforgiving macroeconomic environment. This study provides interesting insight into which countries remain most interested in cryptocurrency in spite of market pullbacks.\u201d<\/p>\n<p>The COO added that countries topping the list seem more interested in buying the dip, therefore highlighting \u201ctheir long-term outlook for cryptocurrencies.\u201d<\/p>\n<p><em>Register your email here to get a weekly update on African news sent to your inbox:<\/em><\/p>\n<p><em><strong>What are your thoughts on this story? Let us know what you think in the comments section below. <\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested in buying the dip and this highlights \u201ctheir long-term [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":66228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-66227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66227"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/66227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/66228"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}