It is nothing more than building and momentum. As the numbers grow, they end up growing more. Perhaps the percentage slows down but, for a while, the raw numbers will increase.
According to Crypto.com we went from 106M in January 2021 to 290M by the end of November. That is a huge growth rate as a percentage.
I am not sure we see a 3x growth rate but it is likely we add more than 200M new users in 2022.
Personally I expect 350M-400M more to join this year.
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exactly it makes me laugh when I hear people talking about this huge sell off and I'm over here thinking to myself this is pretty normal and puts us no where near to a sell off from a year ago. Short term mind set will screw with ya!