Last year, Korean crypto investors accounted for about 33% of newcomers, and the proportion of Meme coin investment exceeded half
According to a survey of 3,108 Korean crypto investors by local agencies DeSpread and CoinNess, about 33% of new investors will enter the Korean crypto market after the crypto market heats up in 2024. Among them, investors who have invested less than half a year are mainly affected by the news of Trump's election, while investors who have invested for half a year to a year are mainly attracted by the approval of bitcoin spot ETFs.
Although South Korean investors are not familiar with DEXs, the proportion of meme coins invested has exceeded half. This is largely due to CEX actively listing such coins. As of February 2025, Bithumb listed 16 meme coins, including DOGE, TRUMP, PENGU, etc., more actively than Upbit's six.
About 75% of crypto-asset investors in South Korea are optimistic about the price of bitcoin in 2025, widely expected to break through 150 million won (about $102,000).