Delhi tops among women crypto investors in FY23-24: Mudrex
crypto market during the fiscal year 2023-24 (FY23-24). According to Mudrex's platform data, Delhi topped among female crypto investors in FY23-24. This was followed by IT hubs Bengaluru and Mumbai.
Analysis of Mudrex's data reveals insights into the geographical distribution of female investors in India. Among Indian cities, Delhi leads with 23% of female investors, followed closely by Bengaluru with 21%. Mumbai, Kolkata, and Hyderabad also contribute to the growing presence of female investors in the crypto space, demonstrating diverse participation across major metropolitan areas.
According to Mudrex's data, there has been a remarkable surge of 25% in the number of female investors during FY23-24, compared to a mere 5% increase in the previous fiscal year (FY22-23). This substantial growth underscores a notable shift in the demographics of cryptocurrency investors, with more women actively participating in the market.
Examining the age demographics of female investors, the data shows a varied distribution across different age groups. The majority of female investors fall within the 20-25 age bracket, comprising 37% of the total. This is followed by the 25-30 age group at 29%, indicating a significant interest among young women in
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