Crypto is minting more millionaires than ever. A new report says the industry now counts 36 billionaires and 241,700 millionaires, with wealth growth driven mostly by Bitcoin’s rally. That’s a 40% jump from last year, as global crypto adoption nears 590 million people
Would you mind sharing the report link here, please.
They are likely project founders and scammers while many people lost money to shit coins.
This total tracked cryptocurrencies chart shows how altcoin appearance inflation is since the last two years. You can scroll down and see the Total Tracked chart at the bottom.
https://coinmarketcap.com/charts/number-of-cryptocurrencies-tracked/You can see from about 3M in September 2024, now one year later, the figure is more than 24M altcoins. This chart means total altcoins have increase about 8 times within one year and it's only tracked cryptocurrencies. There are more scam altcoins created and died in hours or days.