Kakao Pay, which avoided stock price adjustments due to transaction suspension, is plummeting after the resumption of transactions. It was designated as a high-risk investment due to the earlier surge in stock price linked to the stablecoin theme, leading to the suspension of trading.
As of 9:22 a.m. on the 27th, Kakao Pay is being traded at 84,200 won, down 9,600 won (10.23%) from the previous trading day.
Kakao Pay was suspended from transactions due to the surge in stock price driven by growing expectations for the introduction of a won stablecoin since the new government took office. From the 4th to the 25th, Kakao Pay skyrocketed by 145.87%.
The market alert system is divided into investment caution, investment warning, and high-risk investment stages. After being designated as a market alert item, trading may be suspended during the investment warning and risk stages.