Kimchi Premium in Crypto Market has vanished

in altcoin •  7 years ago  (edited)

Is the crypto movement trackable? If not.
Carefully observing the trend of the Kimchi Premium and is hovered at around 4% before the last UN Sanctions on North Korea and slowly spiked up to 40% on day Missile Boy made a new year remark that there should be peace on the Korean Peninsula. Now there is negative premium.
Question I have is. Is t possible that a sane investor would purchase a crypto at such premium. Unless there was a reason for sudden purchase.
North Korea participating on Winter Games on there own or are they being compensated? Crypto is a way around the UN Sanctions? No?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!