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South Korean investors are very interested in cryptocurrencies. So much so that some altcoins are of great interest, with $XRP being the most popular.
A recent survey conducted in South Korea revealed that South Korean investors are investing the most in $XRP after Bitcoin and Ethereum.
In a survey conducted by Web3 consultancy firm DeSpread, more than 70% of investors stated that they made a profit in 2024, and stated that they used Upbit and Binance the most. South Koreans also added that they follow YouTube and Telegram.
$XRP also topped the list of assets held by South Korean investors.
Bitcoin ranked first in portfolios with a rate of 21.31%, while $XRP constituted 16.44% of investors' portfolios. Investors also stated that they invested in Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), SHIB and PEPE in varying proportions.
South Korean investors recently stated that they are expecting a new ATH in Bitcoin. Accordingly, $BTC is expected to exceed 200 million won, or $136,000, this year.
Accordingly, 37.68% of those surveyed expect $BTC to exceed 150 million won, or $102,000, while 37.04% believe that $BTC will exceed 200 million won, or $136,000.
*This is not investment advice.