Tether Gold (XAUT) experienced a dramatic price surge of over 20% on South Korean exchanges on March 21, 2025, driven by intense regional demand for asset-backed digital tokens. The price of XAUT increased by approximately 25% within 30 minutes on platforms like Upbit and Bithumb, highlighting the 'Kimchi Premium' phenomenon where South Korean crypto prices often exceed global averages. The surge underscores the unique dynamics of South Korea's crypto market, characterized by high retail participation and capital controls. Tether Gold, each token representing one troy ounce of physical gold, provides a bridge between traditional gold markets and digital assets. Despite the initial spike, XAUT's price stabilized with a gain of 0.96% on Upbit, reflecting rapid market rebalancing. This event highlights the growing interest in commodity-backed tokens in regions with strong retail investment cultures.
Tether Gold Soars Over 20% on South Korean Exchanges Amid Kimchi Premium
This content is for informational purposes only and does not constitute investment advice.
SuperEx Popular Science Articles Column
This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.
Unstaked related news and market dynamics research
Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.
XRP News and Research
This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.
How do beginners trade options?How does option trading work?
This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.
What are the risks of investing in cryptocurrency?
This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.