At Jensen Huang’s recent spectacle in Seoul-a modern-day pied piper in a black blazer-adoring crowds waved smartphones like digital torches, their screens glowing not with the lurid runes of crypto charts but with the stately hieroglyphs of NVDA and 005930.KS. 📈✨
Meanwhile, South Korea’s beloved crypto altar, Upbit, now resembles a ghost town after the carnival left town: trading volumes have slumped 12.8%, a mere flesh wound in the grand scheme of financial melodrama. 🩸
Korean Retail Market: From Crypto Orgies to AI Church Picnics
South Korea’s digital asset exodus? More like a mass migration from a raver’s basement to a boardroom yoga retreat. CoinGecko whispers that Upbit’s 24-hour trading volume melted to $2.02 billion by October 31, 2025-a 13% plunge. Imagine hosting a party with 293 listed coins, 636 trading pairs, and a Trust Score of 8/10, only to find your guests left for a webinar on municipal bonds. 😅
The climax arrived when Huang, the silicon Prometheus, stood beside Samsung’s Lee Jae-yong-a man whose stoicism could freeze nitrogen. The crowd, once chanting “To the moon!” now waved stock tickers like they were at a Renaissance Faire. 🏰
Lee, a statue of indifference; Huang, a maestro conducting a symphony of semiconductor dreams. The moment went viral, hailed as Korea’s “put away the Legos, it’s time for spreadsheets” epiphany. 📊
“Where did the crypto crowd vanish? To the stock market next door,” quipped analyst AB Kuai Dong, as if revealing a cosmic punchline. 🤡
Call it evolution, call it betrayal-retail traders now moonlight as patriotic AI investors, chasing the warm glow of “strategic stability” instead of crypto’s disco inferno. 🇰🇷🤖
Korea’s grand plan? Deploy 260,000 GPUs like chess pieces in a game where the board is the future. Samsung and Nvidia’s AI megafactory-50,000 GPUs strong-aims to automate manufacturing into a “single intelligent network.” Sounds poetic, doesn’t it? A factory that thinks. Or perhaps a factory that thinks it’s a factory. 🤔
Meanwhile, Nvidia casually hit $5 trillion in market value-yes, trillion-a number so large it makes crypto’s $3.8T look like a kid’s piggy bank. 🌎
Nvidia: $5 trillion. Crypto: “We’re still waiting for the bus to respectability.” 🚌
– Dexerto (@Dexerto) October 29, 2025
The “Jensen moment” in Seoul? A baton pass from crypto’s fever dreams to AI’s algorithmic waltz. Retail investors, ever the romantics, now court the stability of tech titans instead of crypto’s mercurial charms. 💔
Globally, AI has dethroned crypto as the It Girl of innovation. Korean investors, once crypto’s ardent suitors, now hold hands with Samsung and the government in a “strategic love triangle.” 🤝
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2025-10-31 14:32