Four Cryptocurrency Billionaires Who Are Grabbing Global Attention at the Moment

Four Cryptocurrency Billionaires Who Are Grabbing Global Attention at the Moment

Billionaires gain global recognition because of their wealth, and as success breeds success, the band of billionaires keeps discovering new ways of boosting their wealth. Moreover, new billionaires make to the list more often than before because of the dramatic rise of cryptocurrencies that can change fortunes overnight. We had seen numerous instances when non-descript new-age investors with the gambler’s instinct zoomed into the billionaire club because of their crypto connections.

Either they own or mine cryptocurrencies, trade in it, or crypto- entrepreneurs like Changpeng Zhao, the CEO of the crypto exchange Binance who joined the rank of world’s top billionaires in early January. According to reports, his net worth touched $96 billion. Cryptocurrency is attracting the rich and famous like flies to the fire, and they do not mind wasting a few million dollars in their pursuit of the digital gold rush.

The magical journey of cryptocurrency It took more than 12 years for Bitcoin, the first and most popular cryptocurrency, to prove the magical powers of digital currency that keep churning new billionaires at a fantastic speed. The rise

of Bitcoin has been marvelous, but during the most unexpected time when the global economy was reeling under the onslaught of the Covid19 pandemic. During 2020 and 2021, crypto prices went through the ceiling several times to reach new heights, and its explosive run in contrast to the bruised economy was magical indeed. We witnessed a sharp increase in the number of billionaires in the shortest time that no one ever imagined. It’s not a story about rags to riches but how some of the richest billionaires in the world became richer by banking on the power of digital currency.

Let us have a quick look at the list of richest crypto billionaires but with some caveats. The extreme volatility of cryptocurrencies might make a list irrelevant at any moment. The positions can change in a flash, like in early January when crypto CEO Changpeng Zhao topped the list of crypto billionaires surpassing the famed Satoshi Nakamoto, the Bitcoin founder.

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