According to ChainCatcher news, as reported by Bitcoin.com News, the trading volume of South Korea's largest cryptocurrency exchange Upbit has increased by over 100% in the past seven days, rising from $5.4 million on November 21 to $11.9 million on November 25. Notably, the trading volumes of DOGE and XRP reached $58.2 billion and $38.6 billion in the fourth quarter, far exceeding Bitcoin's $30.1 billion.
The Tiger Research fourth quarter report shows that about 7.78 million South Koreans (15% of the total population) are active in cryptocurrency trading. According to a Samarin HR survey, 49.8% of South Korean employees aged 30-39 invest in cryptocurrencies, while the investment ratio for those in their 20s is 37.1%.