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Altcoin Interest Driving South Korean Crypto Craze – Report
![Altcoin Interest Driving South Korean Crypto Craze – Report](https://dailybusinessinvestor.com/wp-content/uploads/2024/05/1716812158-1716811928251_processed-Aget3L-800x457-2.jpg)
South Korea has been witnessing a significant rise in demand and interest in cryptocurrencies, particularly altcoins (alternative coins or cryptocurrencies other than Bitcoin), as per the recent reports. This surge is said to be driven by several factors including the urge for quick profit, the availability of easy trading platforms, and rising global acceptance of virtual currencies.
The boom reportedly began in the fourth quarter of 2020 and accelerated into 2021. Altcoins, such as Ethereum, Dogecoin, and others are gaining more