‌In the Korean cryptocurrency market, both Luna (LUNA) and Icon (ICX) have achieved significant success‌.

Luna (LUNA) became popular in 2021 due to the characteristics of "decentralized stable currency and high yield", but then problems occurred and investors lost money.

Icon (ICX) was known as the "Korean Ethereum" in 2018, with Korean exchanges accounting for 65% of the total trading volume and a monthly increase of 99%.

In addition, South Korea is the third largest cryptocurrency market in the world, and many foreign projects are targeting South Korea, hoping to be listed on Korean exchanges to attract retail funds. Young people in South Korea are very enthusiastic about cryptocurrency and even regard it as a way to transcend class. In every bull market, there is almost a South Korean coin that surges higher due to a strong narrative. In addition to Luna and Icon, there are also emerging projects like Story, which combine AI and IP, cater to the current AI boom, and may also become the Korean representative of this bull market‌.

Overall, both Luna and Icon are important projects in the Korean cryptocurrency market and have had a profound impact on the Korean cryptocurrency market.