X and YouTube favored by investors for crypto news, study shows
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A new survey from CoinGecko reveals that X, Telegram, and YouTube are the top platforms where the crypto community gets their news and updates. Crypto investors tend to favor social media platforms for their news, with X, YouTube, and Telegram leading as their top sources of information. According to a study conducted from June 25 to July 8 by CoinGecko, the three platforms collectively account for 84% of where crypto enthusiasts get their information. The survey shows that over 34% of respondents rely primarily on X for crypto news, making it the leading platform for information in the space. YouTube follows closely, with 23.4% of participants using it as their main source for updates, while Telegram is used by 16.0% of respondents. Where do people get crypto news? 📰 Our recent survey reveals that most of the crypto community consume their news from social media platforms, rather than from news websites. While 73.8% of respondents relied on X, YouTube or Telegram as their main information source, only… pic.twitter.com/DnyyCyTMSB — CoinGecko (@coingecko) August 22, 2024 Crypto users tend to get updates from social media Although X is the most popular platform overall, less than half of its users (41.7%) consider it their primary social media space for crypto discussions. Meanwhile, Telegram and YouTube have seen similar levels of engagement, with 21.5% and 20.8% of participants respectively spending most of their time on these platforms. “Crypto Discord was the primary social media platform for 6.8% of participants, slightly ahead of the 4.5% who were mainly on crypto Reddit. This might be because Discord and Reddit are more widely considered as supplementary social media platforms for the crypto community.” CoinGecko The survey, which included 2,558 respondents, reveals that the crypto community prefers to get their news from the same platforms where they are…
Filed under: News - @ August 22, 2024 2:21 pm