I first saw this coin on Twitter, #PORT3 , Port3 Network (PORT3) has had a good reputation in the Korean market, and young people in Korea are crazy about speculating on PORT3, which has created a strong consensus among retail investors.
Due to the overall environment in Korea, young people across the country feel hopeless about climbing the social ladder (this is not meant to be a veiled reference), so many young people dive into the crypto space, engaging in activities that traditional chaebols do not, hoping to break through social classes and get rich overnight.
Korea is also considered one of the earliest P2P markets, and there are many more people speculating on meme coins there than here. After they list meme coins on their local exchanges (such as Upbit or Bithumb), the prices tend to skyrocket.
Thus, whenever a coin is listed in Korea, the prices on Korean exchanges are usually higher than those on exchanges in other countries; this phenomenon has been noted by everyone through $NXPC , which I refer to as the 'kimchi premium.'
Overall, the PORT3 project team is actively expanding into the Korean market, which is quite beneficial, as it can maintain its popularity; I remain optimistic about this coin in the short term.
