Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen notable increases in trading volume for some altcoins in the last 24 hours.
XRP, in particular, ranked first on both platforms and attracted the attention of investors with a total trading volume of nearly $700 million.
According to exchange data, not only XRP but also many altcoins like Ethereum, Ethena (ENA), Dogecoin (DOGE), and Solana (SOL) saw high volumes. These sudden volume increases suggest that investor interest is shifting back to the altcoin market.
Here are the most traded altcoins and their total volumes on Upbit and Bithumb in the last 24 hours:
- XRP – $730 million
- Ethereum (ETH) – $273 million
- Bitcoin (BTC) – $201 million
- Ethena (ENA) – $135.7 million
- Dogecoin (DOGE) – $83 million
- Solana (SOL) – $77.5 million
- Tether (USDT) – $79.3 million
- Pudgy Penguins (PENGU) – $58.8 million
- Tokamak Network (TON) – $53 million
- Strike (STRIKE) – $40.4 million
- Conflux (CFX) – $18.3 million
- AMO Coin (AMO) – $15.9 million
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/12-altcoins-see-trading-volume-surge-in-south-korea-xrp-storm-rages-on-heres-the-list/