Low-priced coins refer to cryptocurrencies priced below 1,000 won each. This includes coins like Tezos and Ada, which are in the hundreds of won, as well as fractional coins like BitTorrent and Pepe.
An interesting point is that even as Bitcoin surpasses 100 million won and popular altcoins like Solana are in the hundreds of thousands of won, low-priced coins on Upbit still record remarkably high trading volumes. Why are low-priced coins, with low market capitalization and not high intrinsic value, so loved?
The psychological magic of low-priced coins