By
Temitope Olatunji
April 26th, 2024
The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community.
CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot.
Binance CEO Changpeng ‘CZ’ Zhao: Leading the Charge
The list, based on social media followings, provides a glimpse into the diverse personalities shaping the crypto landscape. Zhao emerges as the undisputed leader of the pack, securing the first position with a staggering social media following of nearly 9.1 million on platforms like X (formerly Twitter) and Instagram combined.
Claiming the second spot is Vitalik Buterin, co-founder of Ethereum, with a combined X and Instagram following of 7.7 million. Buterin’s contributions to the development of Ethereum (ETH), a leading blockchain platform, have earned him a dedicated following as he continues to shape the future of decentralized applications and smart contracts.
In the third position is Jack Dorsey, co-founder of X and current CEO of Block Inc (NYSE: SQ). With 6.4 million followers across X and Instagram, Dorsey’s dual roles in social media and blockchain technology showcase his commitment to the transformative potential of decentralized systems.
MicroStrategy Inc’s (NASDAQ: MSTR) co-founder Michael Saylor claims the fourth spot with nearly 3.25 million followers. Saylor’s vocal support for Bitcoin as a treasury reserve asset has propelled him into the spotlight, making him a sought-after voice in the crypto investment space.
Cathie Wood, the founder and CEO of ARK Investment Management, takes the fifth position with just over 1.6 million followers. Wood’s investment strategies and forward-thinking approach to disruptive technologies, including blockchain and cryptocurrencies, have earned her a spot among the most influential figures in the financial world.
Venture capitalists Chamath Palihapitiya and Marc Andreessen claim the sixth and seventh positions with 1.6 million and 1.3 million followers, respectively. Digital Currency Group CEO Barry Silbert and Coinbase CEO Brian Armstrong secured the eighth and ninth spots with 1.25 million and 1.2 million followers. The list concludes with Sam Bankman-Fried, the controversial founder of the defunct FTX exchange, maintaining a following of 1.06 million despite the collapse.
Significance of the List to the Crypto Industry
The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community. A high position on the list can contribute to the trustworthiness and legitimacy of these figures within the industry. Investors and enthusiasts often look to these influencers for insights, making their opinions and statements about potential drivers of market movements.
Additionally, the presence of entrepreneurs and visionaries on the list underscores the close relationship between social media influence and innovation in the crypto industry. These Entrepreneurs use their platforms not only to share insights but also to showcase the projects they are involved in, contributing to the overall narrative of progress and development in the crypto space.