That garlic vinegary sour smell… that’s kimchi! And its pungent aroma could make you rich!
The term kimchi premium – named after a staple Korean preserved food dish – refers to the dominant trend of higher bitcoin prices observed on South Korea’s exchanges.
While bitcoin‘s “kimchi premium” might have been gobbled up in February, the phenomena can still be observed in altcoins. Although it’s not quite as profound as the bitcoin “kimchi premium,” the spread between KRW and altcoin pairs is continuing to increase as bullish momentum returns to the market.
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