"Apparently this is because Gen Z is more interested in XRP than BTC and ETH, are you like that too?"
A significant shift was triggered when the Gen Z population in South Korea was reported to be more interested and accepting of Ripple (XRP) as their favorite cryptocurrency than Bitcoin (BTC) and Ethereum (ETH).
According to a statement from Bithumb, the South Korean crypto exchange said that the landscape of digital assets will see changes as generations change, so here it can be seen that the current generation is more interested in XRP which has many unique features.
In addition to XRP having rapid cross-border transactions that align with the demographic's tech-savvy and global perspective, the Gen Z population is also interested in XRP's technological innovation and strategic partnerships.
Like to be informed that 82.5% of investors in their 20s have invested in altcoins and if seen, there is around 20.7% of the Gen Z population investing in XRP compared to BTC and ETH which only recorded 3.2%.
There is no denying that BTC and ETH remain important digital assets in the global crypto market, but XRP's dominance in South Korea has highlighted its increasingly strong strategic position.
Through observation, young investors are more inclined to invest in altcoins such as XRP, Fellaz (LZ) and Mines of Dalarnia (DAR) which see volatile movements following their interest in quick profit rather than long-term investment.
Following many crypto exchanges already starting to relist XRP, Bithumb wasted no time in seizing the opportunity to launch options trading for the crypto as well which will allow XRP investors to manage and reduce risk in their portfolios.
As of this writing, XRP price has surged by 1.73 at $0.52 in the past 24 hours with a market cap of $27 billion but is still down 10.29% over the past week.
