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X, Telegram and YouTube are the top sources of information for crypto investors, research shows
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X, Telegram and YouTube are the top sources of information for crypto investors, research shows

Key Points

  • 84% of crypto users prefer X, Telegram or YouTube as their main social media platforms.
  • 73.8% of crypto community members get their news primarily from social media rather than news websites.

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The most used social media platforms by crypto investors looking for information are X (formerly Twitter), Telegram, and YouTube, according to a CoinGecko survey. Together, they account for 84% of the crypto community’s responses to the survey.

X leads the way, with 41.7% of users spending most of their time there, followed by Telegram at 21.5% and YouTube at 20.8%.

Discord and Reddit are less popular, with 6.8% and 4.5% of users considering them their primary platform, respectively. Farcaster, a decentralized social media platform, is the main choice for only 1.3% of users.

The study also found that 73.8% of the crypto community gets their news and information primarily from social media platforms, rather than news websites. X is the main source of information for 34.4% of participants, followed by YouTube at 23.4% and Telegram at 16%.

News websites lag behind as the main source of information for only 6.5% of participants. Other less popular sources include Discord, newsletters, Reddit, podcasts and Farcaster.

The data suggests that while X is known for crypto content, it is not the only significant online space for the crypto community. More than half of X, Telegram, and YouTube users prefer to get information on the same platform where they spend the most time.

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