The lack of KRW trading pairs is more similar to bn alpha.
The U pair is the global market.
The KRW pair is the regional market.
In addition to liquidity premiums, there is also a supply-demand imbalance premium due to compliance, known as the kimchi premium.
Copy from @ZLiao3
However, I'm not in a hurry.
Quoting what @DrPayFi said in yesterday's AMA:
Although XRP's price performance is good, their product is quite poor.
Some large holders over there have already noticed @humafinance
and have started migrating to @humafinance.
There will be more in the future.
Bullish on $HUMA 🫡🫡🫡
$HUMA logged in to @Official_Upbit exchange
The price was instantly pushed to 0.05U+
It has now fallen below the price before the spike
What do you think is the reason for this phenomenon?
1⃣ Due to Upbit exchange's strength
2⃣ Due to extreme lack of liquidity
Please choose or share your answer 🥲
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