🧵 1. South Korean Gen Z investors prefer altcoins like XRP over Bitcoin and Ethereum, with 82.5% investing in altcoins. #crypto
🧵 1. South Korean Gen Z investors prefer altcoins like XRP over Bitcoin and Ethereum, with 82.5% investing in altcoins. #crypto
🧵 2. Ripple's XRP is the top choice among young investors, with 20.7% holding the digital asset, according to a recent report.
🧵 3. Meanwhile, investors in their thirties in South Korea have the highest percentage of investments in Bitcoin and Ethereum.
🧵 4. The preference for altcoins comes as Ripple faces scrutiny and a lawsuit from US regulators, potentially hindering its adoption.
🧵 5. South Korea has been tightening crypto regulations, including plans to seize crypto from tax evaders and addressing illicit activities in the market.
🧵 Read more at: https://cointelegraph.com/news/gen-z-in-south-korea-prefer-xrp