10x Research founder Marcus Thielen weighs in on the correlation between Korea's political developments and the recent meme coin rally. 80% of meme coin's performance 'occurs during Asia hours and Asia hours is really driven by Korean traders,' Thielen said.
10x Research founder Marcus Thielen weighs in on the correlation between Korea's political developments and the recent meme coin rally.
This meme coin rally started around, you know, February 28th and it almost came out of nowhere. I mean, a lot of people have predicting it, but I think the timing is quite interesting and I think the timing coincides actually with some political developments in Korea. And Korea is very well known for the main coin trading. And as an example, you know, Shiva traded for seven consecutive days as the number one token on up and up.
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