Wasn't China a huge market for cryptocurrencies for most of the last 2 waves? My Indian coworkers indicate it's big back home too. So now with the west, india, and china, we're at 50% of the world.
e.g. it's not like Indian celebrities haven't been hyping crypto like western celebrities: https://www.ndtv.com/business/bollywood-stars-endorse-crypto...
"The West" has about a billion population also (370m USA+CA, 600m Europe minus Russia, 30m AUS/NZ). That's not inherently a reason for crypto have potential for another boom cycle here, nor is it inherently the same in India.