South Korea retail crypto trading hits $18B, beating local stock market — TradingView News

Retail trading volumes for crypto assets in South Korea surged to $18 billion in the last 24 hours, outperforming the country’s entire stock market by 22%, according to a new report from 10x Research. 

In a Dec. 2 research report, 10x Research founder Markus Thielen said that retail crypto trading volumes had reached their second-highest level of the year on Dec. 2, with South Korean traders frenzying over a series of “high momentum” altcoins. 

According to the report, Ripple’s XRP token XRPUSD witnessed over $6.3 billion in volume on the day in South Korea, Dogecoin DOGEUSD came in second at $1.6 billion, followed by Stellar XLMUSD at $1.3 billion, Ethereum Name Service (ENS) at $900 million and Hedera HBARUSD at $800…

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