This "wallet" contains the coded keys corresponding to the currency. Only with these keys can ownership be claimed, and they are impossible to operate with. This ensures they cannot be counterfeited.
The first cryptocurrency emerged in 2009: Bitcoin, which today encompasses almost the entire market. And it has been the currency that has led this sector to its greatest achievements in 2021.
That year, it reached its all-time high price of $70,000 . This brought the office 365 database cryptocurrency market to a global market capitalization of nearly $3 trillion. The so-called miners of the major Bitcoin miners earned a 206% return: $1.75 million.
Marketing plays a crucial role in this boom . Its strategy was very specific, and we can describe it in three stages for each cryptocurrency, which went through a similar process:
Product design. Both Bitcoin and Ethereum, and each of the other cryptocurrencies, originated on social media as investment products intended to revolutionize the currency market by generating capital gains from the Internet.
Community Building: The crypto sector is unthinkable without the idea of communities around each currency. These work by spreading the virtues of each digital currency by word of mouth.
In this regard, it's important to note that crypto sector marketing has focused its engagement on the idea that these decentralized investments, unlike the stock market, are more inclusive, more open, and independent of the ups and downs of the economy.