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High 3 Korean Crypto to Purchase After Lazarus Group Steals $1.5B Ethereum (ETH)

by Index Investing News
February 22, 2025
in Cryptocurrency
Reading Time: 7 mins read
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North Korean hacker group Lazarus has been linked to the huge $1.5 billion Ethereum (ETH) heist on the Bybit alternate. As market jitters develop of a looming ETH sell-off when these hackers begin cashing out, crypto merchants are speeding to determine one of the best crypto to purchase if Ethereum value experiences violent swings. With Ethereum value beneath bearish strain, allow us to discover the highest three Korean altcoins with the potential to carry out effectively.

High 3 Korean Crypto to Purchase After Bybit’s $1.5B Ethereum Hack 

The $1.5 billion Bybit hack shook the crypto markets as Bitcoin and most altcoins retraced, resulting in the whole crypto market cap dropping by 2% to $3.17 trillion. Regardless of this dip, three altcoins have stood out as a result of their potential to swiftly get better from these headwinds. 

Pi Community Token (PI) 

Pi Community Token, a newly launched crypto that has already secured the backing of main cryptocurrency exchanges is one of the best crypto to put money into as a result of rising market curiosity. 

Regardless of the pullback throughout the broader market at this time, Pi Coin is up by 8.5% to commerce at $0.756. The altcoin has jumped by 23% from its all-time low of $0.61 registered on February 20, 2025. 

After experiencing intense promoting exercise within the final two days, Pi Coin is recovering to focus on resistance at $0.80. A swing above this degree might result in beneficial properties previous $1, paving the best way for a rally to the $3.4 all-time excessive. 

Provided that the Pi community token is barely three days outdated, its Relative Energy Index (RSI) to measure shopping for exercise and momentum can solely be tracked on a 15-minute chart. 

The RSI has risen to 64 after making a sequence of highs, suggesting that purchasing strain is rising and the momentum is bullish. 

Top 3 Korean Crypto to Buy After Lazarus Group Steals $1.5B Ethereum (ETH)
PI/USDT: 15M Chart

This bullish outlook makes the Pi token a prime crypto to purchase to mitigate the dangers of a doable Ethereum selloff. 

Ripple (XRP) 

Ripple value has retained its bullish outlook regardless of the current pullback, making it a prime crypto to purchase for Korean traders. XRP value at this time trades at $2.58 and continued to defend help at an ascending channel, suggesting a bullish continuation. 

After bouncing but once more from the decrease trendline of the ascending parallel channel, XRP must flip the midline for a sustained uptrend to the higher trendline. The important thing resistance degree to observe for this altcoin is $2.83. 

Top 3 Korean Crypto to Buy After Lazarus Group Steals $1.5B Ethereum (ETH)Top 3 Korean Crypto to Buy After Lazarus Group Steals $1.5B Ethereum (ETH)
XRP/USDT: 4H Chart

Ripple can also be on the verge of a breakthrough in its authorized case with the US securities regulator, which is bullish for the XRP value. In line with Fox Enterprise reporter Eleanor Terett, the SEC is more likely to “favorably settle instances” with crypto corporations beneath the brand new SEC Chair. 

Bitcoin (BTC) 

Bitcoin has outperformed the altcoin market within the final month, making it the most effective cryptos to purchase after the Bybit hack. For context, Bitcoin’s dominance has progressively risen and lately reached its highest degree since 2021. 

Top 3 Korean Crypto to Buy After Lazarus Group Steals $1.5B Ethereum (ETH)Top 3 Korean Crypto to Buy After Lazarus Group Steals $1.5B Ethereum (ETH)
Bitcoin Dominance

When Bitcoin’s dominance rises, it exhibits that BTC is outperforming altcoins, or that its declines have been marginal in comparison with these of altcoins.

Such an increase additionally exhibits that crypto traders are transferring from riskier altcoins to Bitcoin. Due to this fact, it is smart that traders might begin shopping for Bitcoin after the $1.5 billion Ethereum hack on Bybit. 

Conclusion: Greatest Korean Crypto to Purchase

Merchants searching for one of the best crypto to purchase after the Bybit hack can discover Pi Community Token, XRP, or Bitcoin. These cash have a robust bullish setup and the power to realize or outperform the broader market even when the North Korean Lazarus hacker group begins promoting off ETH.

Regularly Requested Questions (FAQs)

The very best cryptos to put money into after the $1.5B Ethereum hack on Bybit are Pi Community token, XRP and Bitcoin.

Pi Coin, XRP and Bitcoin have the potential to realize due to their bullish outlook regardless of a market-wide pullback.

North Korean hacker group Lazarus might begin cashing out the stolen ETH, which might spark bearish strain

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Disclaimer: The offered content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.





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