Koreans to the Rescue?

Like I usually do, I check the price of my favorite cryptos on my app and saw that STEEM was up 20+% today, which is well above the market average.

Remembering the problems with SBD a few weeks ago I decided to look a little more closely at the exchanges creating this price feed.

Here's what it looks like right now:

A huge percentage of the volume is coming through Korean exchanges.

We've seen before that the Koreans have to and are willing to pay a premium because of how difficult it is to get money into the system juxtaposed with the popularity of crypto.

Will it last? Probably not. But let's enjoy the ride!