Web Traffic Stats Suggests FOMO Around Bitcoin

By Andy Little on ALTCOIN MAGAZINE

Crypto is back in the mainstream news with the over 100% gains since the lows of December last years and this is shown in the recent increase in web traffic for Binance and Coinbase.

Binance the largest cryptocurrency exchange in the world by volume is currently drawing in over 1,183,000 unique visits per day which is an increase of 13 percent since April even after the news of the hack on the exchange.

Meanwhile, Coinbase has been drawing in over 930,000 visits per day. With Coinbase offering an easy on-ramp into the crypto world as is offered around 53 countries around the globe.

Small exchanges have as well seen an increase in user traffic but more focus has been on Binance and Coinbase because as they are the most trusted and used in the sector.

The increase in exchange numbers has come with the help of the mainstream media with channels like the BBC and CNBC reporting Bitcoin going “parabolic” and not to miss out.

But the real question is will we see numbers as we did in 2017?

Bitcoin is on a rampage at present with the volume picking right up since the 1st May.

Speculation about the increase in the price is riff and still up for comment in the crypto space but one thing is for sure if web traffic stays increasing over the next few month’s we could see our old all-time high sooner than later.