PANews reported on November 26 that Matrixport stated in its latest report that South Korea is one of the most active retail cryptocurrency markets in the world. In the past 24 hours, the trading volume of Ethereum and Bitcoin ranked only sixth and seventh, while the trading volume of currencies such as Sand, XRP, XLM and Doge was significantly ahead.
This phenomenon reflects the change in retail investors' trading preferences. When Bitcoin approaches the $100,000 mark driven by institutional funds, retail investors are more inclined to choose assets with greater upside potential and pursue higher return elasticity (Beta return).
Even more strikingly, by some measures, cryptocurrency trading by South Korean retail investors has surpassed local stock market trading. Even more strikingly, by some measures, cryptocurrency trading by South Korean retail investors has surpassed local stock market trading. This marks a generational shift: Traditional stock investors (usually passive index fund holders) are being replaced by a new generation of cryptocurrency retail investors. This trend may continue to spread around the world.
