DOGE has become the focus of Korean capital speculation, and the concept of ETF has attracted market attention

On December 3rd, it was reported that Dogecoin (DOGE) has been continuously favored by Korean funds and has become a popular speculative object in the market. According to Coingecko data, the 24-hour trading volume of DOGE on the Upbit platform reached $1.246 billion, ranking third in the Korean Won market, second only to XRP and HBAR. Analysts pointed out that the preference of the Korean market for highly volatile assets, coupled with DOGE's extensive influence in the community, is the main reason for making it the focus of the Korean Won trading market.

 

Meanwhile, the discussion about DOGE spot ETF has attracted more market attention. With the success of BTC and ETH spot ETFs, the prospects of DOGE ETF are gradually entering investors' vision. Eric Balchunas, a senior ETF analyst at Bloomberg, said that DOGE's community influence and high trading liquidity make it a potential ETF product. Although the approval of DOGE ETF is still uncertain at this stage, its discussion has boosted market sentiment. The concentrated inflow of Korean funds and the dual promotion of ETF themes have further ignited market enthusiasm.