Despite being a smaller country, South Korean centralized exchange (CEX) listings exert significant influence on altcoins, with degens flocking to ape the newest listings on CEXs like UpBit.
Over the last month, the “Korea Pump” has been showcased by SYRUP rallying as much as 29% after its listing on July 25, HYPER surging a whopping 475% from its listing on July 10, and MOODENG climbing 57% on its July 3 listing.
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