Last year, new South Korean cryptocurrency investors accounted for about 33%, with over half investing in Meme coins

According to a research report by South Korean local institutions DeSpread and CoinNess on 3108 South Korean cryptocurrency investors, after the cryptocurrency market heated up in 2024, about 33% of new entrants into the South Korean cryptocurrency market were investors. Among them, investors who invested for less than half a year were mainly influenced by the news of Trump's election, while those who invested for half a year to one year were mainly attracted by the approval of Bitcoin spot ETFs. Although South Korean investors are not familiar with DEX, the investment ratio of meme coins has exceeded half. This is largely due to CEX actively listing such currencies. As of February 2025, a CEX in Korea listed 16 types of meme coins including DOGE, TRUMP and PENGU. About 75% of domestic crypto asset investors in Korea have an optimistic attitude towards Bitcoin prices in 2025 and generally expect it will break through KRW150 million (approximately USD102 thousand).