10x Research: Retail volume in the South Korean encryption market has surged, with altcoin coins currently becoming the focus of the market.

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The latest 10X Research report shows that significant changes in trading activity have occurred since Trump’s election. Seven weeks before the inauguration, early appointments have already signaled a major shift to a Cryptocurrency-friendly US government. It is expected that this trend will continue and may expand trading opportunities. Other governments, especially the South Korean government, have also taken a more favorable stance towards Cryptocurrency. With the US leading the way in formulating Cryptocurrency regulation or relaxing regulation, it is expected that a wave of increased global Cryptocurrency friendliness will follow. The alpha Token in smaller encryption Tokens may continue to rise. In the past 24 hours, the volume of the South Korean Cryptocurrency market, mainly driven by retail investors, surged to $18 billion, reaching the second highest level of the year, surpassing the local stock market’s volume of $14 billion. XRP led with a volume of $6.3 billion, followed by DOGE ($1.6 billion), XLM ($1.3 billion), ENS ($0.9 billion), HBAR ($0.8 billion), and SHIB ($0.6 billion). These high-momentum Cryptocurrencies are mainly driven by retail traders, leveraging and reinforcing the momentum-driven trend. The Intrerest Rate of funds in BTC is relatively moderate, at 15% annualized, while the South Korean retail volume has increased to $18 billion, showing the largest deviation. It is clear that action is in the AltCoin market, and everyone needs a strategy to catch these waves, but discipline must still be maintained. Currently, AltCoin is the market focus.

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