Weekly South Korea Crypto Market Outlook : The second 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 6th to January 10th.
According to the regular survey on weekly trends of Korean cryptocurrency investors jointly conducted by CoinNesss and Cratos, 51.2% of respondents (compared to 46.4% last week) forecasted that Bitcoin would rise or rise sharply next week. The percentage of respondents expecting a flat movement was 32.9% (compared to 33.5% last week), while the percentage of respondents anticipating a fall or sharp drop was 16.0% (compared to 20.2% last week).
For Ethereum, it showed a similar trend to Bitcoin. 60.5% of respondents (compared to 56.8% last week) forecasted that Ethereum would rise or rise sharply next week. Those expecting flat movement accounted for 30.9% (compared to 31.7% last week), while those anticipating a fall or sharp drop remained at 8.6% (compared to 11.6% 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 18.4% of respondents answered Bitcoin, followed by 18.2% for Ethereum.
Additionally, 13.2% mentioned XRP, 6.6% Dogecoin, 2.1% Solana, 1.3% MiL.k, 1.2% TRON, 1.1% Polygon, and 1.0% Ethereum Classic.
Furthermore, a total of 36.8% provided various other opinions. These included cryptocurrencies such as Shiba Inu, Bitcoin Gold, AhaToken, Metadium, CORE, SUNDOG, The Sandbox, BitTorrent, World, and others. 15.2% of respondents stated they had no intention to sell.
In response to questions about coins they recently sold or plan to buy 21.3% of respondents answered Bitcoin, followed by 18.0% for Ethereum.
Additionally, 14.6% mentioned XRP, 5.9% Dogecoin, 2.3% Solana , 1.4% MiL.k, 1.1% TRON, 1.1% Polygon, and 1.0% Ethereum Classic.
Furthermore, a total of 36.8% provided various other opinions. These included cryptocurrencies such as Cardano, Stellar, Ethereum Classic, PEPE, The Sandbox, Worldcoin, CORE, AhaToken, Sundog, and others. 13.9% of respondents stated they had no intention to buy.
As a response to a survey asking ‘Interest in meme coins continues, but AI coins are gaining traction. What will this year’s mega trend be?’, 29.5% answered ‘Meme coins will dominate.’. Those who answered ‘Shift to AI coins.’ were 49.2%. 10.2% of respondents answered ‘Others (e.g., RWA, etc.)’. 11.2% of respondents answered ‘Bitcoin’s solo rally.’.
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
