The decision comes seven years after the country restricted crypto in October 2018, amidst concerns about speculation influencing the market and the lack of proper investor security.
The experts project the number to get to 20M, especially now, with the South Korean regulatory entity loosening the grip on the market.
The increase in institutional crypto adoption, combined with large players like South Korea joining the market, creates a strong foundation for a global crypto economy.
In this new ecosystem, projects like Pepenode ($PEPENODE) will thrive.
To clarify, you’re not actually earning coins from the mining process; this is just an interactive activity that keeps investors busy and engaged.
That being said, becoming a Pepenode miner does come with benefits like staking rewards and bonuses, especially post-TGE. The mining gameplay also encourages early participation, since early nodes earn you the highest rewards.
The presale is closing in on its first milestone of $1M thanks to the raw investor hype and support and is likely to push way higher in the coming months.
If you’re considering joining the project, do it now while $PEPENODE is still at $0.0010533, because the more the presale grows, the more expensive the token gets.
Plus, you have a staking APY of 1,400%, which rewards early investments the most.
It’s very likely that South Korea’s regulatory shift will mark the beginning of the alt season. All pieces are in place for that. Bitcoin is pushing to its psychological threshold of $115K, Strategy stays true to its Bitcoin accumulation tactic, and investor confidence is sky-high.
South Korea’s move could be just what the market needed to start pumping.
This isn’t financial advice. Do your own research and invest wisely.