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About Shrimp Paste
What is Shrimp Coin?
The Shrimp token originated from viral Twitter posts and community discussions around the “Shrimp” meme. What began as a lighthearted meme quickly gained traction within the crypto community, evolving into a token that reflects internet culture, social engagement, and grassroots participation. Driven by its meme appeal and organic community spread, Shrimp represents how online narratives can transform simple ideas into recognizable digital assets within the Web3 ecosystem.
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$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.
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Foreign selling in the South Korean stock market accelerates, with cumulative net sales reportedly reaching $75 billion this year
On June 9, The Kobeissi Letter, citing Goldman Sachs data, reported that global investors are selling South Korean stocks at an unusually rapid pace. In the latest trading session, foreign investors sold about $801 million worth of Kospi constituent stocks again; total foreign outflows last week reached about $10 billion, and the market has been in net foreign selling on nearly every trading day over the past month. According to the data cited in the report, foreign investors have sold about $75 billion worth of South Korean stocks so far this year. Meanwhile, South Korean retail and institutional investors together recorded roughly $69 billion in net buying over the same period, suggesting that the market’s main buying support has come from domestic capital rather than returning overseas funds. The information currently disclosed still mainly comes from The Kobeissi Letter’s retelling and Goldman Sachs data summaries, while public details on the statistical period and the specific definition of “selling” remain relatively limited.
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