south korean cryptocurrency investorsThe list of ‘s favorite cryptocurrencies has changed completely. According to the results of the survey in which 5 thousand 225 investors participated, Bitcoin (BTC) $101,782.3 Ripple ranks first $2.4‘of XRPof Ethereum
$3,662.4It left behind (ETH) and came in second place. The survey was conducted by The POL, a Blockchain-based platform, between December 24-26, 2024.
Bitcoin Maintains Its Leadership
Bitcoinremains the first choice of South Korean cryptocurrency investors. According to the survey, the fact that the largest cryptocurrency is the market leader, its reliability and widespread use continues to influence investors.
Ripple‘s XRP left Ethereum behind and ranked second. This change shows that South Korean investors’ interest in XRP continues to increase. Survey participants stated that they preferred XRP especially due to its fast transfer transactions and Blockchain-based innovative technology.
largest altcoin Ethereum remained in third place. Analysts find it surprising that Ethereum is lagging behind XRP despite its updates and influence, especially in decentralized finance (DeFi) projects.
cryptocurrency marketcontinues to exhibit a dynamic structure with rapid changes in investor behavior. Experts point out that XRP surpassing Ethereum in South Korea means that market movements and preferences in the region differ from global markets.
Complete List of Popular Cryptocurrencies in South Korea
As a result of the survey, the five most popular cryptocurrencies of South Korean investors were listed as follows: Bitcoin, XRP, Ethereum, dogecoin $0.394289 (DOGE) and Bitcoin Cash
$474.6 (BCH).
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While Dogecoin attracts attention with its community impact and humorous nature, interestingly it is a fork of Bitcoin. BitcoinCash has also entered the radar of investors. Analysts stated that this ranking sheds light on the interests of the cryptocurrency market in South Korea.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.