India’s burgeoning cryptocurrency market continues to evolve, with Delhi-NCR emerging as the leader in crypto adoption. According to recent data, the region accounted for 20.9% of the country’s crypto investments, underscoring its pivotal role in driving the nation’s digital asset portfolio.
Following closely behind, Bengaluru captured 9.6% of the total investments, reflecting its status as a technology hub with a growing interest in blockchain and cryptocurrency. Together with other major metropolitan cities, these regions collectively accounted for more than 36% of India’s crypto investments, signaling strong urban interest in this financial revolution.
“Meme coins” have also emerged as a significant category within the Indian crypto space, representing 13% of all investments. Dogecoin, the pioneering meme coin, dominated the segment with an impressive 55% share, followed by PEPE and BONK, which further demonstrated the appeal of such assets among Indian investors.
The report sheds light on the growing diversification of India’s cryptocurrency market, highlighting the rising popularity of non-traditional investment options, particularly in metropolitan areas.
This trend reflects a broader global shift, with urban centers often leading the adoption of emerging financial technologies. As India’s regulatory framework surrounding cryptocurrencies continues to take shape, the influence of major cities like Delhi-NCR and Bengaluru is expected to remain central to the country’s crypto narrative.
With its mix of institutional players and retail investors, India’s crypto market is poised for further growth in the coming years, bolstered by strong interest in both traditional digital assets and innovative categories like meme coins.
As these trends unfold, all eyes will remain on Delhi-NCR and other leading metros to track their impact on the country’s rapidly expanding digital finance ecosystem.
