Wu said that DeSpread released a report on the Korean crypto community, showing that Telegram is the most commonly used, rather than Twitter, which is commonly used in China and Japan; the search volume for tokens in South Korea exceeds that for stocks by 25%, while in the United States and Japan, the search volume for stocks is 20 times and 7 times that of tokens; a study of the 110 most active TG channels showed that the top four high-frequency words are Bitcoin, NFT, airdrop, and Ethereum; CoinNess, Naver, and Blockmedia are the most common sources of information on cryptocurrencies in South Korea.