{"id":3721,"date":"2024-12-04T17:17:25","date_gmt":"2024-12-04T17:17:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3721"},"modified":"2024-12-04T17:17:25","modified_gmt":"2024-12-04T17:17:25","slug":"south-koreas-president-to-be-impeached-in-2024-polymarket-traders-are-unsure","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3721","title":{"rendered":"South Korea&#8217;s President To Be Impeached In 2024? Polymarket Traders Are Unsure"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42307586\/bitcoin-dumped-and-recovered-in-south-korea-amid-political-turmoil-an-arbitrage-opportunity-that-wasnt\">Political uncertainty surrounding<\/a> South Korean President <strong>Yoon Suk Yeol<\/strong> has spurred heated activity on prediction market <strong>Polymarket <\/strong>on Wednesday.<\/p>\n<p><strong>What Happened<\/strong>: <a href=\"https:\/\/polymarket.com\/event\/south-korean-president-impeached-in-2024?tid=1733326929469\">Data<\/a> from the prediction market shows a 37% probability of Yoon being impeached before the end of 2024.<\/p>\n<p>Another Polymarket question <a href=\"https:\/\/polymarket.com\/event\/yoon-out-as-president-of-south-korea-in-2024?tid=1733326929195\">gives<\/a> a 29% chance of Yoon being removed from office, underscoring heightened political instability in the country.<\/p>\n<p>This uncertainty has already rippled through <a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/12\/42306717\/south-korean-markets-plunge-amid-political-turmoil-as-president-yoons-martial-law-u-turn-sparks-uncertainty-samsung-sk-hynix-and-hyundai-stocks-tumble\">South Korea&#8217;s financial markets<\/a>.<\/p>\n<p>Key technology and industrial stocks have taken a hit, with <strong>Samsung Electronics<\/strong> (OTC:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SSNLF#OTC\">SSNLF<\/a>) down 1.12%, <strong>NVIDIA <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>) supplier <strong>SK Hynix<\/strong> (OTC:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HXSCF#OTC\">HXSCF<\/a>) slipping 0.061%, and <strong>Hyundai Motor<\/strong> (OTC:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HYMTF#OTC\">HYMTF<\/a>) falling 0.70%. <\/p>\n<p>The turmoil has also affected U.S.-listed South Korean equities, with <strong>Posco Holdings<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/PKX#NYSE\">PKX<\/a>) dropping 4.36% in regular trading before seeing a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42320772\/south-koreas-president-to-be-impeached-in-2024-polymarket-traders-are-unsure\" alt=\"South\" korea president to be impeached in polymarket traders are unsure>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Political uncertainty surrounding South Korean President Yoon Suk Yeol has spurred heated activity on prediction market Polymarket on Wednesday. What Happened: Data from the prediction market shows a 37% probability of Yoon being impeached before the end of 2024. Another Polymarket question gives a 29% chance of Yoon being removed from office, underscoring heightened political [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3721","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3721"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3721\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}