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RE: LeoThread 2023-08-23 21:35

in LeoFinance • last year

🧵 1. South Korean Gen Z investors prefer altcoins like XRP over Bitcoin and Ethereum, with 82.5% investing in altcoins. #crypto

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🧵 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.