Ha, they are 'coin speculators', not 'investors'～ so they may not be very interested in BTC, which has a longer cycle～ the meme sector should be their favorite～ among them, the concept of dogecoin #puppies related to Musk should gradually become their possession. After all, the market value is rarely corrected to around 7M now, and there is an active community continuously promoting development!～

South Korean cryptocurrency speculators are going crazy, altcoins are soaring, and BTC is no longer in love

According to CoinmarketCap data, Koreans are trading altcoins crazily.

The top 5 exchanges with U-based trading volume: UXLINK, MOCA, XRP, MOVE, AGLD. BTC can only rank sixth, UXLINK is 6 times that of BTC! The trading volume reached 1.6 billion US dollars!

The top 5 exchanges with B-based trading volume: UXLINK, XRP, MOCA, Pudgy, BTC ranked 7th.

On the other hand, Binance’s top 5 are BTC, ETH, XRP, SOL, and DOGE.

Behind the high trading volume is the rising price. $UXLINK ranks first in the increase list, with a price of 2.74U, a record high. $MOCA ranks third, with a price of 0.39U, a record high. Several other altcoins are also rising sharply.

So, is the "Korea Obama concept coin" going to be popular now? Focus on the top trading volume currencies of the two exchanges, and take off in 25 years?

More data shows that the number of crypto investors in South Korea has exceeded 15 million for the first time, and the average daily trading volume of the five major exchanges is close to 15 trillion won, comparable to the stock market.