A comprehensive survey of over 3,300 individuals conducted by Kyros Ventures and Coin68 uncovered a notable trend – an astonishing 75.5% of Vietnamese crypto holders have been persuaded to invest by recommendations from their friends. Not only does this percentile surpasses statistics reported from similar studies in the United States by 2.5 times, the number reflects Vietnam’s steadily optimistic economy and vow for blockchain technologies. Characteristically, the Southeast Asian nation has propelled itself to one of the top-5 countries for trading volume and is speculated to generate $109.4 million in cryptocurrency revenue by 2023 according to Statista. Correspondingly, more than 20 million individuals as of December 2022 identify as cryptocurrency owners as reported by Triple-A while market research from Huobi Rank locates Vietnam the global leader in cryptocurrency adoption. Moreover, surveys implicate that a large sector of those participants concur the possibility of a conference of the unpredictable bear market and welcomed regulatory oversight. Ultimately, it’s evident that this enchanting Eastern nation is vigorously maintaining its impact on crypto venture.
