Editor's PiCK
KAIA Surges Over 15% Following Yoon's Impeachment Approval
Son Min
Summary
- The KAIA coin surged over 15% as domestic political uncertainty was alleviated following the approval of the impeachment motion.
- Kimchi Coins, which saw significant declines during the martial law declaration, are now viewed positively due to the impeachment approval.
- KAIA is currently trading at 452 KRW on Bithumb, up 16.20% from the previous day.
On the 14th, the KAIA coin surged over 15% following the approval of the impeachment motion against President Yoon Suk-yeol.
The approval of the impeachment motion is believed to have alleviated domestic political uncertainty, leading to a buying spree for KAIA, a prominent 'Kimchi Coin'. During the martial law declaration, Kimchi Coins experienced significant declines, so the impeachment approval is seen as a positive factor for these coins.
As of 5:22 PM, KAIA is trading at 452 KRW on Bithumb, up 16.20% from the previous day.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
