The cryptocurrency market, which has been growing globally for over a year, has added nine new dollar billionaires by 2020.
The price of the most expensive cryptocurrency reached म्बर 29,000 on December 31, after falling to a two-day high of less than 4,000 in March 2020. This was a good source of income for high risk investors.
Despite constant criticism from investors and businesses around the world, the popularity and value of cryptocurrency continues to rise, and by 2020 it produced nine crypto billionaires. The annual list of the world’s billionaires, released by Forbes, includes 12 crypto billionaires, nine of whom became billionaires in 2020 due to the rise in cryptocurrency prices.
The richest of the world’s dozen dozen cryptocurrency billionaires is Sam Bankman Freud of trading company Alameda Research and derivatives exchange company FTX. His net worth is अर्ब 8.7 billion.
In second place is Brian Armstrong, CEO and founder of Coinbase. His total wealth is Rs 6.5 billion. In third place is Ripple co-founder Chris Larsen with अर्ब 3.4 billion.
The Forbes list was made public on the day the world’s cryptocurrency market surpassed २ 2 trillion for the first time. The total value of the cryptocurrency was १ 1 trillion last January.
In terms of market cap, Bitcoin tops the list with ० 1.06 trillion, followed by Ethereum, Binance Coin, XRP and Tether.