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Title: All Koreans Who Own Crypto Most Likely Hold XRP: Fact Check
A recent statement by XForceGlobal has sent shockwaves through the cryptocurrency community, claiming that nearly 20% of XRP’s global market capitalization is concentrated in South Korea. While the assertion may seem outlandish at first glance, a closer examination of available data and recent market trends reveals that it is grounded in reality.
It appears that XRP’s popularity in South Korea cannot be overstated. The cryptocurrency frequently surpasses Bitcoin and Ethereum combined in daily trading volume on Upbit, the country’s largest exchange. During periods of increased volatility or significant price swings, this dominance becomes even more pronounced. In fact, during a notable market downturn in late 2024 and early 2025, XRP exceeded $700 million in daily volume, outpacing its major competitors.
Furthermore, the vast majority of XRP trading activity in South Korea is done on a spot basis, indicating that traders are buying actual XRP tokens rather than using derivatives or leveraged products. This suggests that XRP ownership is deeply ingrained within the Korean crypto investor base, supporting XForceGlobal’s provocative claim that “all Koreans who own crypto most likely hold XRP.”
The data reinforces this notion, with XRP emerging as the most traded digital asset on local platforms, backed by an overwhelming concentration of spot-based trading and substantial investor participation. While “all” may be an exaggeration in its strictest sense, it is undeniable that South Korea has become one of the most XRP-heavy markets globally.
In conclusion, while some might initially dismiss this claim as an outlandish statement, a closer examination reveals that it is rooted in verifiable data and recent market trends.
Source: timestabloid.com
