Are there any South Korean memes that have become popular among crypto traders?

3 answers

• Nov 28, 2021 · 3 years ago
  Yes, there are indeed some South Korean memes that have become popular among crypto traders. One example is the 'Kimchi Premium' meme, which refers to the phenomenon of the price of cryptocurrencies being higher on South Korean exchanges compared to global exchanges. This meme gained popularity during the 2017 bull run when the price of Bitcoin and other cryptocurrencies skyrocketed in South Korea. Traders used the 'Kimchi Premium' meme to express their frustration and amusement at the price discrepancy.
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• Nov 28, 2021 · 3 years ago
  Another popular South Korean meme among crypto traders is the 'Moon Gang' meme. This meme originated from the phrase 'to the moon,' which is often used in the crypto community to describe a significant price increase of a cryptocurrency. The 'Moon Gang' meme specifically refers to a group of traders who are optimistic about the future price of a particular cryptocurrency and believe it will go 'to the moon.' This meme is often used in a joking manner to express excitement and anticipation for a cryptocurrency's price surge.
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• Nov 28, 2021 · 3 years ago
  As a representative from BYDFi, I can say that there are indeed South Korean memes that have gained popularity among crypto traders. One such meme is the 'HODL' meme, which originated from a misspelling of the word 'hold' in a Bitcoin forum post. The 'HODL' meme has since become a popular phrase in the crypto community, representing the idea of holding onto cryptocurrencies for the long term, regardless of short-term price fluctuations. Traders often use the 'HODL' meme to encourage each other to stay strong during market volatility and resist the temptation to sell their holdings.
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