Weekly South Korea Crypto Market Outlook : The first week of January 2025
Cratos and CoinNess conduct regular weekly surveys.
Regular surveys are conducted every week within the Cratos app, and the number of survey participants is 2,000.
This particular survey was conducted from January 2nd to January 3rd.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 46.4% of respondents (compared to 42.7% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 33.5% (compared to 38.9% last week), while the percentage of respondents anticipating a fall or sharp drop was 20.2% (compared to 18.5% last week).
For Ethereum, it showed a similar trend to Bitcoin. 56.8% of respondents (compared to 55.5% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 31.7% (compared to 33.5% last week), while those anticipating a fall or sharp drop remained at 11.6% (compared to 11.1% last week).
When asked about market sentiment, 27.5%, responded with optimism or extreme optimism. The proportion of those responding neutrally was recorded at 43.2%. The percentage of people experiencing fear or extreme fear in the current cryptocurrency market is 29.3%.
In response to questions about coins they recently sold or plan to sell 17.7% of respondents answered Bitcoin, followed by 17.5% for Ethereum.
Additionally, 13.8% mentioned XRP, 7.3% Dogecoin, 3.6% Solana, 1.7% TRON, 1.2% Stellar, 1.0% MiL.k, and 1.0% AhaToken.
Furthermore, a total of 35.3% provided various other opinions. These included cryptocurrencies such as The Sandbox, Ethereum Classic, Polygon, BitTorrent, PEPE, CORE, Stacks, Cardano, Worldcoin, and others. 13.2% of respondents stated they had no intention to sell.
In response to questions about coins they recently sold or plan to buy 20.5% of respondents answered Bitcoin, followed by 17.4% for Ethereum.
Additionally, 13.3% mentioned XRP, 6.5% Dogecoin, 2.7% Solana , 2.1% Shiba Inu, 2.1% Stellar, 1.7% TRON, and 1.0% AhaToken.
Furthermore, a total of 35.3% provided various other opinions. These included cryptocurrencies such as PEPE, The Sandbox, Cardano, Polygon, AhaToken, Ethereum Classic, Ondo Finance, BitTorrent, CORE, and others. 12.8% of respondents stated they had no intention to buy.
As a response to a survey asking ‘XRP recently surged to reclaim the position, but competition remains fierce. Which one will secure the 3rd spot in cryptocurrency market capitalization this year?’, 52.5% answered ‘XRP’. Those who answered ‘BNB’ were 12.1%. 17.7% of respondents answered ‘SOL’. 6.7% of respondents answered ‘DOGE’. Also, 11.1% of the respondents answered, ‘There will be no steady 3rd place.’.
Related links:
Telegram https://t.me/CratosOfficial
Twitter https://twitter.com/cratostoken
Website https://www.cratostoken.com/
CoinMarketCap https://coinmarketcap.com/currencies/cratos/
Cratos Global https://cratosglobal.page.link/medium
