US crypto adoption remains high despite global inflation fears

A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets.

The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States; a reactionary rise in crypto interest throughout Ukraine and Russia following the outbreak of the conflict and the impact of the well-documented surge i gas prices throughout Europe on inflationary metrics.

Bar chart statistics reported a high correlation between the unfavorable economic dynamics witnessed in times of currency deflation and the interest in engaging with cryptocurrencies, with the data suggesting that the latter could serve as an investment hedge. The tumultuous 217.65% deflation of the Brazilian real against the U.S. dollar over the past decade was reported to be an influencing factor for 45% of the participants, who attest to considering purchasing a digital asset within the upcoming year. Similarly, India witnessed a 40% uptick in crypto interest following a 58.58% deflation in their native currency, the rupee .

In the category titled"Countries with highest social media indicators for Web3 Metaverse," the United States ranked highest with a 2.2 score, followed by Indonesia and India with 1.4 and 0.6, respectively. The United Kingdom came in seventh with 0.3.

tomfarrencrypto I mean how can it not be when the HBAR Foundation is out here pouring billions into funds whose purpose is to boost the DeFi, Web3, and Metaverse ecosystems? I'm keeping a close eye on HBAR Foundation's activity, you never know which next news is going to subtly be an alpha leak

tomfarrencrypto XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.

tomfarrencrypto Most US citizen doesn't even know what blockchain is BTC Americans like ElSalvador or Panama probably knows better💎💎💎💕💕💕

tomfarrencrypto Right now the golden opportunity, at the very least, is to simply learn about web3 because it’ll apply to almost every industry. It’s also enough to just get excited about it!

tomfarrencrypto 'despite'? More like 'due to' inflation fears. Crypto and gold are inflation hedges :D

tomfarrencrypto I'm bullish on tokenavocado TokenAvocado btc

tomfarrencrypto Crypto currency’s is now world wide so you need a secure app when investing so here is best app you can use AltbaseApp BSC Bitcoin BSCGEM

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