【10x Research: South Korea's Cryptocurrency Retail Trading Volume Soars, Altcoins Now the Market Focus】Golden Finance reports that the latest 10X Research report shows a significant change in trading activity since Trump's election. Although there are still seven weeks until the inauguration, early appointments have already indicated a major shift in the U.S. government's stance towards cryptocurrency-friendly policies. We expect this trend to continue and potentially expand trading opportunities. Other countries' governments, especially South Korea, are also taking a more favorable stance towards cryptocurrencies. As the U.S. trends towards creating cryptocurrency regulations (or easing regulations), it is expected that the world will follow suit and embrace a cryptocurrency-friendly environment. Alpha tokens among smaller cryptocurrencies may continue to grow. The retail trading volume in South Korea's cryptocurrency market surged to $18 billion in the past 24 hours, marking the second-highest trading volume of the year and surpassing the local stock market's $14 billion trading volume. Ripple (XRP) ranked first with a trading volume of $6.3 billion, followed by DOGE ($1.6 billion), XLM ($1.3 billion), ENS ($900 million), HBAR ($800 million), and SHIB ($600 million). These highly volatile cryptocurrencies are primarily driven by retail traders, leveraging and reinforcing momentum-based trends. We see that Bitcoin's funding rate is relatively moderate, annualized at 15%, while South Korea's retail trading volume has skyrocketed to $18 billion, creating a historical record for this disparity. Clearly, the current market focus is on altcoins.

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