CandleFocus XRP Surges in Korea, Hits ₩3000: Ripple Market History Comes Full Circle
2024-12-02
Author: Content Editor
XRP has become the third-largest cryptocurrency by market cap, sparking renewed global interest, especially in Korea. The Ripple Market Korea project, introduced in 2014, attracted Korean investors, including middle-aged women known as "ajummas" who have significant financial influence. Ripple Labs sold XRP to these investors through a Ponzi scheme, creating a strong XRP community in Korea. XRP's price has now reached ₩3000 for the first time since 2017, driven by the community's support. The cryptocurrency currently trades at $2.40, experiencing significant gains in the past 24 hours, 7 days, and 30 days.
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