South Korean traders are very considering cryptocurrencies. A lot in order that some altcoins are of nice curiosity, with XRP being the most well-liked.
A latest survey performed in South Korea revealed that South Korean traders are investing probably the most in XRP after Bitcoin and Ethereum.
In a survey performed by Web3 consultancy agency DeSpread, greater than 70% of traders acknowledged that they made a revenue in 2024, and acknowledged that they used Upbit and Binance probably the most. South Koreans additionally added that they observe YouTube and Telegram.
XRP additionally topped the record of belongings held by South Korean traders.
Bitcoin ranked first in portfolios with a fee of 21.31%, whereas XRP constituted 16.44% of traders’ portfolios. Traders additionally acknowledged that they invested in Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), SHIB and PEPE in various proportions.
South Korean traders lately acknowledged that they’re anticipating a brand new ATH in Bitcoin. Accordingly, BTC is anticipated to exceed 200 million gained, or $136,000, this 12 months.
Accordingly, 37.68% of these surveyed anticipate BTC to exceed 150 million gained, or $102,000, whereas 37.04% imagine that BTC will exceed 200 million gained, or $136,000.
*This isn’t funding recommendation.
