Community and meme culture: $DOGE started as a meme coin, which attracted a lot of attention from social media users, including Koreans. Memes and humorous cryptocurrencies often become popular in youth culture, and Dogecoin is no exception.
Support from famous personalities: Elon Musk, who actively supports Dogecoin on Twitter, has also played a significant role in increasing interest in the coin worldwide, including in South Korea.
Simplicity and accessibility: #Doge is characterized by a low cost per coin, making it accessible for beginner traders. This allows Korean investors to more easily enter the cryptocurrency market, even if their investments are relatively small.
Historical volatility and growth: Dogecoin is known for its sharp price spikes, which attract traders looking to profit from short-term market fluctuations.
Overall, #Dogecoin is one of those cryptocurrency assets that attracts attention not only from investors but also from those seeking unconventional opportunities in the crypto market.
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