Crypto has gone mainstream.
Once an esoteric investment held by a select group of people on the internet, it’s now something many investors hold in their portfolio. The global cryptocurrency market size was valued at $1.7 billion in 2021 and is expected to reach $32.4 billion by 2027, according to some estimates. Crypto startups raised $9.2 billion across 461 equity deals in the first quarter, up 155% year-over-year.
Part of this move toward crypto has been driven by the involvement of young people in the space. Nearly one-quarter of GenZ survey respondents said they hold crypto, compared to 6% of baby boomers.
To learn more about the interest from younger generations, I reached out to a few GenZ investors who are a part of the young investors group I founded, the Young Investors Network, as well as Will Rush, the founder of GenZ crypto investing app Stack.
Given the recent fall of crypto values, I had to ask Rush for his take on the current market conditions.
“If you believe that...
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