Overview
Korean crypto influencers have significantly impacted the rise of the new altcoin $USELESS, revealing a changing landscape in altcoin investments driven by retail investors.
Key Updates
- South Korea’s impact on altcoin markets remains strong with the ascent of the $USELESS token, heavily promoted by key opinion leaders (KOLs).
- President Donald Trump recently backed the GENIUS Act, which focuses on regulating stablecoins in the crypto space.
- Coinbase introduced Coinbase Payments, improving how merchants accept stablecoins like USDC.
Market Insights
As the $USELESS phenomenon grows, Bradley Park from DNTV Research notes that the trends among Korean retail investors are evolving beyond just liquidating assets. Early adopters of the $USELESS token are seeing substantial gains, and influencers like Yeomyung have inspired a new wave of trading behavior that transcends conventional strategies.
Quote
“They’re starting to understand the market and are evolving into real global players.” — Bradley Park
Despite the chaotic sentiment surrounding altcoins like $USELESS, Park emphasizes a mirroring of consumer sentiment towards traditional crypto offerings, advocating for a new approach focused on genuine utility.
Additional News
- Trump pushes for rapid passage of the GENIUS Act, which aims to establish a robust framework for stablecoin operations in the U.S.
- Coinbase Payments aims to streamline payment processes for global e-commerce platforms, enhancing its competitive edge in digital payments.
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