XRP and SHIB are more popular than Bitcoin with South Korean traders
The XRP/KRW pair generated $448.5 million in trading volume over the last 24 hours. Michael Saylor Issues Powerful Bitcoin Message in German, What Was Said?South Korean traders are particularly keen on altcoins, with smaller tokens typically attracting substantial trading volumes on local exchanges. The cryptocurrency market is so popular in South Korea that it even became an election issue earlier this year, with politicians trying to pander to cryptocurrency-friendly voters.
, the attacker stole roughly $100 million SHIB tokens from the exchange. The price of the second-largest meme coin plunged 10% on the news, but it later recovered after the hacker sold all of their tokens.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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