Expectations for vertical rise ‘ROMCOIN’ amid benefiting from ‘Romarket’
K-Food, driven by the K-Wave, related business stocks at their highest
K-food has been gaining sensational popularity in the global market. The export volume of K-food reached an all-time high of $12.02 billion (approximately KRW 16.3 trillion) last year, and the export volume of ramen and seaweed in particular exceeded KRW 1 trillion each, continuing explosive growth. This phenomenon sparked interest in K-food as Korean cultural contents such as K-POP and Korean dramas became popular in the global market, and the global younger generation who had been exposed to K-food became fascinated by its unique taste and healthy image. It is analyzed that there is continuous demand. Amid this global K-food craze, the stock prices of related companies, Samyang Foods (Filled Chicken Ramen) and CJ CheilJedang (Bibigo), are hitting record highs every day, and this trend is expected to continue for the time being.
With K-food craze, Romaket expected to increase in value
It is analyzed that Romarket, Korea’s leading ‘local mart delivery platform’, will directly benefit from this K-food global craze. Romarket has grown into a delivery platform representing local commercial districts in Korea, recording 300,000 downloads and 100,000 users over the past six years. In particular, compared to ‘quick commerce’ centered on large corporations, which has poor profitability due to excessive initial investment costs, Romarket’s business model, which utilizes the infrastructure of existing local marts, is attracting great attention. Romarket’s platform and business model can easily advance overseas, and is expected to create synergy with K-food by allowing global users to easily and quickly receive K-food from local marts.
Expectations for vertical rise in value ‘ROMCOIN’ by Romarket
Amid the global K-food craze, the cryptocurrency ‘ROMCOIN’ is receiving new attention. This is due to the prediction that cryptocurrency will be in the spotlight as another investment destination as a beneficiary of the K-food craze. Above all, this coincided with a period of heightened interest in the so-called altcoin market as the U.S. Securities and Exchange Commission (SEC) approved the listing of spot exchange-traded funds (ETFs) for Bitcoin and Ethereum. The prospect of a price increase following the approval of spot ETF is increasing investor interest in ‘ROMCOIN’, a cryptocurrency based on the local commercial platform ‘Romarket’.
It is certain that the value of ‘ROMCOIN’, a blockchain-based token economy that can be used within Romarket, will rise along with Romarket’s leap into the global market. ‘ROMCOIN’ can be used like cash on the Romarket platform, so customers can use it as a digital currency that can be used at numerous global affiliate stores based on this convenience. Through this, customers can conduct transactions more simply and safely, and Romarket is expected to be able to secure competitiveness in the global market by strengthening the transparency and reliability of transactions through blockchain technology. Ultimately, as the number of users of Romarket and ‘Romcoin’ increases explosively, the value of ‘ROMCOIN’ is expected to continue to rise. Wonseok Choi, CEO of Pandotree, who is leading the ‘ROMCOIN’ project, said, “The global K fever in K-content and K-food will lead to the K-platform and K-finance represented by Romarket and ROMCOIN in the future.”
‘ROMCOIN’ value and outlook
ROMCOIN, which is currently listed on LBANK and DIGIFINEX, is hovering around the $0.20 level per unit. Choi Won-seok, CEO of Pandotree, which leads ‘ROMCOIN’, said, “ROMCOIN ultimately pursues a global means of exchange. “I am confident that this vision of Romcoin will be realized in the near future.” He promised that he would not neglect efforts to increase the value of ROMCOIN saying, “It will be difficult to predict the value of ROMCOIN in the market in the future.”
<Media Contact>
Email : taesuh0926@gmail.com
Company : Pandotree limited
Contact(person) : Taesuh Park
Site : https://romrom.io
Country : South Korea