Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Crypto Enthusiasts Still Believe in Bull Run, Survey Finds
ADOPTION NEWS

Crypto Enthusiasts Still Believe in Bull Run, Survey Finds

By Crypto FlexsJuly 14, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto Enthusiasts Still Believe in Bull Run, Survey Finds
Share
Facebook Twitter LinkedIn Pinterest Email

Felix Pinkston
July 14, 2024 03:01

According to a CoinGecko survey, most cryptocurrency participants believe the bull market is not over, with significant optimism spreading among investors.





According to a recent survey conducted by CoinGecko, most cryptocurrency participants maintain a positive outlook on the current market cycle. Despite recent market volatility, 81.6% of respondents believe that the cryptocurrency bull market is not over yet.

Is the Cryptocurrency Surge Over?

According to the survey, 52.3% of the participants estimate that the bull market is still in its early stages, while 29.3% believe it is in its middle stages. On the other hand, only 18.4% believe that the bull market is in its late stages or has already ended.

Investors are particularly optimistic, with 55.5% believing that the bull market has just begun or is in its early stages, and 28.8% believing that it is in its intermediate stages. This means that 84.3% of investors believe that the bull market will continue. Traders and builders are slightly more cautious, with 78.6% of traders and 74.9% of builders sharing this sentiment.

Here is a detailed analysis of what investors, traders, builders and spectators think:

ParticipationBull market startschildhoodmiddleLater stagesEnd of bull market
investor25.1%30.4%28.8%9.6%6.1%
Merchants25.1%20.5%33.0%10.8%10.6%
Builder27.3%19.3%28.3%17.1%8.0%
The audience24.2%20.0%24.8%13.3%17.6%

Experience and market sentiment

New and veteran crypto participants share similar views on the current state of the market. 52.7% of participants in the first cycle (0-3 years of crypto experience), 52.2% in the second cycle (4-7 years), and 51.8% in the third cycle and above (8+ years) gave their estimates for the beginning or early stages of a bull market.

However, veteran investors (23.4%) are more likely to believe that the market is in the late or late stages, compared to just 17.6% of first- and second-tier investors.

experienceBull market startschildhoodmiddleLater stagesEnd of bull market
1st cycle27.5%25.2%29.7%10.4%7.3%
2nd cycle23.0%29.2%30.2%10.9%6.7%
3rd cycle and thereafter24.3%27.5%24.9%10.4%13.0%

Future market expectations

In a separate question about market beliefs, 60.4% of participants agreed with the statement, “We haven’t reached the peak of this cycle yet. The market will go up again.” This was almost three times more than the 21.3% who believed, “We’re in a supercycle, so the market will continue to go up.”

81.7% of participants believe that the market will continue to be bullish as cryptocurrencies have not yet reached their peak or entered a super cycle. This further strengthens the consensus that the current crypto bull market is not over and that there is still room for growth.

The remaining responses included 8.1% who thought, “This cycle has already peaked. The market will only go down from here,” 6.1% who believed, “We are close to the peak now. It is time to take profits and get out of the market,” and 4.1% who said, “I don’t care because I got pushed out.”

Interestingly, 66.7% of second-cycle cyclists believe that the current cycle has not yet peaked, compared to 55.2% of first-cycle cyclists and 58.9% of third-cycle cyclists and above. However, second-cycle cyclists are more skeptical of the supercycle theory, with only 18.3% supporting it.

Research methodology

This study analyzed responses from 2,558 cryptocurrency participants who took part in the anonymous CoinGecko Post-Halving Sentiment Survey conducted from June 25 to July 8, 2024. This survey should be considered indicative rather than definitive.

Of the participants, 69% were identified as long-term crypto investors, 18% as short-term traders, 7% as builders, and 6% as sideline spectators. In terms of experience, 46% were in their first cycle, 41% were in their second cycle, and the rest were veterans with over 8 years of experience in the crypto space. Geographically, 90% of the participants were located in Europe, Asia, North America, and Africa, with the remainder residing in Oceania or South America.

For more information, see the original CoinGecko article.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Simultaneously Mine Dogecoin (DOGE), Ripple (XRP), And SOL

September 3, 2025

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

GiftlyCard.com Recognized As Verified And Secure By Independent Review Sites

September 3, 2025

Embodying “Simple Mining, Smart Gains” For Effortless Crypto Accumulation

September 3, 2025

TOKEN2049 Singapore stops all records with the world’s largest Web3 event with 25,000 attendees in unprecedented demand.

September 3, 2025
Most Popular

Altcoins may be preparing for the Q1 Hype Cycle, says Crypto Trader. Here’s what he means:

January 29, 2024

BNB Chain Increases Growth and Project Success: Supports Smart, Completely On-Chain Application Launches

January 17, 2024

Tron Jumps into Solana Memecoin Craze and SunPump Clears

August 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.