South Korea is one of the most active countries in the global cryptocurrency retail market. In the last 24 hours, the trading volume of Ethereum and Bitcoin ranked only sixth and seventh, while digital currencies such as Sand, XRP, XLM, and Doge ranked higher.
This indicates that retail investors now prefer to trade assets with greater potential and higher returns. Previously, when Bitcoin was about to rise to $100,000 under the influence of institutional funds, retail investors favored those digital currencies that might increase even more, seeking higher returns.
Even more impressively, data shows that the trading volume of South Korean retail investors in cryptocurrencies has already surpassed that of trading local stocks. This is a significant shift; previous stock market investors mostly bought index funds and waited to profit, but now they have been replaced by a new generation of retail investors trading cryptocurrencies. This trend may become increasingly apparent globally.
