According to ChainCatcher, Matrixport released a chart today stating that South Korea, as one of the most active cryptocurrency retail markets in the world, ranked only sixth and seventh in trading volume for Ethereum and Bitcoin respectively over the past 24 hours, while trading volumes for coins such as Sand, XRP, XLM, and Doge were significantly ahead.
This phenomenon reflects a change in trading preferences among retail investors. As Bitcoin approaches the $100,000 mark driven by institutional funds, retail investors are more inclined to choose assets with greater upside potential, pursuing higher yield elasticity (Beta returns).
What is even more striking is that, according to certain indicators, the trading volume of cryptocurrency by retail investors in South Korea has surpassed that of the local stock market. This marks a generational shift: traditional stock investors (who are often passive index fund holders) are being replaced by a new generation of cryptocurrency retail investors. This trend may continue to spread globally.