On August 31st, Bitcoin’s price on South Korea’s Upbit exchange, reached 151.29 million KRW at the time of analysis. This marked a decline of 0.64%, from the previous day’s level, while its counterpart on global exchange Binance was priced at 150.88 million KRW, resulting in a price gap of 410,000 KRW and a Kimchi Premium of 0.27%. Ethereum’s premium was slightly lower, hovering at 0.21%. Other prominent altcoins displayed notable premiums as well: Solana (SOL) stood at 0.34%, XRP (XRP) at 0.20%, Dogecoin (DOGE) at 0.42%, and Shiba Inu (SHIB) at 0.27%. Notably, the majority of top altcoins are currently trading with a Kimchi Premium within the range of 0.2% to 0.4%.