Crypto donations to surpass $10B in a decade: The Giving Block
The Giving Block reported that in the last year, USDC took 44% of the crypto donation volume, ETH took 24%, and BTC got 17% within its charity platform. According to The Giving Block’s 2023 annual report titled “Crypto Philanthropy Data, Trends & Predictions,” all-time crypto donations in the platform surpass ed $125 million in 2022. Based on the data available, the crypto Charity project predicted that it could surpass $1 billion in August 2027, reach $5 billion in June 2031 and exceed the $10 billion mark in November 2032. Data collected by the crypto charity platform The Giving Block shows that donations in the form of cryptocurrencies are set to go over $10 billion within the next decade. Predictions based on trends and Bitcoin price. Source: The Giving Block In addition to the platform’s data on crypto donations , The Giving Block also based its predictions on its Analysis of potential Bitcoin’s (BTC) price trajectory. The platform predicted that BTC may reach $100,000 ...