common-close-0
BYDFi
Trade wherever you are!

Which digital media platforms have experienced the highest YoY growth of 4.53 billion and how does it correlate with the rise of cryptocurrencies in Q4?

avatarkartik deshwalDec 25, 2021 · 3 years ago1 answers

Can you provide an analysis of the digital media platforms that have experienced the highest year-over-year growth of 4.53 billion? How does this growth correlate with the rise of cryptocurrencies in the fourth quarter?

Which digital media platforms have experienced the highest YoY growth of 4.53 billion and how does it correlate with the rise of cryptocurrencies in Q4?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    According to a recent report, the digital media platforms that have experienced the highest year-over-year growth of 4.53 billion are YouTube, TikTok, and Snapchat. These platforms have seen a surge in user activity and engagement, driven in part by the rise of cryptocurrencies. As more people invest in cryptocurrencies and seek information and updates about the market, they turn to these platforms for educational videos, news updates, and entertainment related to cryptocurrencies. This increased user engagement has attracted advertisers who want to reach this highly engaged audience, leading to the growth of these platforms. It's important to note that while the rise of cryptocurrencies has contributed to the growth of digital media platforms, there are also other factors at play, such as the increasing popularity of video content and the shift towards mobile usage.