Regarding the situation of XRP in South Korea:
🇰🇷🚀 Korean XRP Madness!
In a surprising development, it seems that XRP is stealing the spotlight from Bitcoin in South Korea! Its price has skyrocketed to nearly $50 on some local platforms.
Interestingly, this insane surge (+4900% Korean premium!) creates a massive price gap with global markets, opening wide doors for arbitrage speculation.
What is fueling this excitement?
* Perhaps the "Fear of Missing Out" (FOMO) is the main driver of the hysterical buying.
* We also do not rule out the impact of limited liquidity in Korean exchanges.
* Speculations about future regulatory moves remain.
Are we witnessing the beginning of a new era for XRP in South Korea? And will the global price follow this madness? The coming days will reveal more to us!
Update: It has been confirmed that it is a technical error within the Korean exchange