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

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

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2 days ago

February 22, 2025

Dripp

North Korean hacker group Lazarus has been linked to the massive $1.5 billion Ethereum (ETH) heist on the Bybit exchange. As market jitters grow of a looming ETH sell-off when these hackers start cashing out, crypto traders are rushing to identify the best crypto to buy if Ethereum price experiences violent swings. With Ethereum price under bearish pressure, let us explore the top three Korean altcoins with the potential to perform well.

Top 3 Korean Crypto to Buy After Bybit’s $1.5B Ethereum Hack

The $1.5 billion Bybit hack shook the crypto markets as Bitcoin and most altcoins retraced, leading to the total crypto market cap dropping by 2% to $3.17 trillion. Despite this dip, three altcoins have stood out due to their potential to swiftly recover from these headwinds.

Pi Network Token (PI)

Pi Network Token, a newly launched crypto that has already secured the backing of major cryptocurrency exchanges is the best crypto to invest in due to rising market interest.

Despite the pullback across the broader market today, Pi Coin is up by 8.5% to trade 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 selling activity in the last two days, Pi Coin is recovering to target resistance at $0.80. A swing above this level could lead to gains past $1, paving the way for a rally to the $3.4 all-time high.

Given that the Pi network token is barely three days old, its Relative Strength Index (RSI) to measure buying activity and momentum can only be tracked on a 15-minute chart.

The RSI has risen to 64 after making a series of highs, suggesting that buying pressure is growing and the momentum is bullish.

This bullish outlook makes the Pi token a top crypto to buy to mitigate the risks of a possible Ethereum selloff.

Ripple (XRP)

Ripple price has retained its bullish outlook despite the recent pullback, making it a top crypto to buy for Korean investors. XRP price today trades at $2.58 and continued to defend support at an ascending channel, suggesting a bullish continuation.

After bouncing yet again from the lower trendline of the ascending parallel channel, XRP needs to flip the midline for a sustained uptrend to the upper trendline. The key resistance level to watch for this altcoin is $2.83.

Ripple is also on the verge of a breakthrough in its legal case with the US securities regulator, which is bullish for the XRP price. According to Fox Business reporter Eleanor Terett, the SEC is likely to “favorably settle cases” with crypto firms under the new SEC Chair.

Bitcoin (BTC)

Bitcoin has outperformed the altcoin market in the last month, making it one of the best cryptos to buy after the Bybit hack. For context, Bitcoin’s dominance has gradually risen and recently reached its highest level since 2021.

When Bitcoin’s dominance rises, it shows that BTC is outperforming altcoins, or that its declines have been marginal compared to those of altcoins.

Such a rise also shows that crypto investors are moving from riskier altcoins to Bitcoin. Therefore, it makes sense that investors could start buying Bitcoin after the $1.5 billion Ethereum hack on Bybit.

Conclusion: Best Korean Crypto to Buy

Traders looking for the best crypto to buy after the Bybit hack can explore Pi Network Token, XRP, or Bitcoin. These coins have a strong bullish setup and the ability to gain or outperform the broader market even if the North Korean Lazarus hacker group starts selling off ETH.