
Last April, Bitcoin soared to its highest record of 2 million baht per unit. The weakening baht against the US dollar was one of the reasons the cryptocurrency set the new record. This high water mark showed that many Thai investors were interested in the crypto market. Due to the growth of the market, two cafes -- Hip Coffee & Restaurant and The Moon: Crypto & NFT Café -- aim to be gathering spaces for the crypto communities in Thailand.
Located in Nakhon Ratchasima, Hip Coffee & Restaurant is notable for its unusual interior, with 21 monitors to watch crypto trading in one room. Oakkharawat Yongsakuljinda, the manager, said the screens were set up last year to monitor trading in stock markets. A couple of months ago, after the cafe's owner Setthaphat Chirakunthanan and other staff became interested in cryptocurrency, all 21 monitors were changed to screen crypto trading instead.