šŸš€ South Korea is becoming a global hotspot for cryptocurrency investment, with a recent survey predicting that six million crypto investors will represent over 10% of the country's population by 2024! šŸŒ

Centralized exchanges dominate the Korean crypto market, showing resilience despite a global decrease in trading volume since March. Upbit leads the pack, accounting for approximately 80% of the Korean crypto exchange market, followed by Bithumb with a 15-20% market share. šŸ†

Interestingly, Korean investors have a distinct preference for altcoins. Loom Network (LOOM) recorded the highest trading volume among Korean investors, followed by eCash (XEC) and Flow (FLOW). šŸ“ˆ

This contrasts with investment strategies across markets, as Upbit's investors demonstrate a keen interest in altcoins with high-profit potential, while Coinbase's institutional investors prioritize portfolio stability. 🌐

South Korea's crypto craze is definitely one to watch! šŸ“ŠšŸ‘€