South Korean Cryptocurrency Exchanges See Trading Volume Explosion in These Altcoins – Neither Bitcoin Nor Ethereum on the List
Upbit and Bithumb, South Korea’s largest cryptocurrency exchanges, have seen significant increases in trading volume for some altcoins in the last 24 hours.
Trading volumes, especially in altcoins such as XRP, Stellar (XLM), and Bounce (AUCTION), have reached hundreds of millions of dollars.
According to the trading volumes of the two exchanges, the altcoins with the highest trading volume in the last 24 hours are listed as follows:
- XRP – $645 million
- Stellar (XLM) – $460 million
- Bounce (AUCTION) – $277 million
- Pudgy Penguins (PENGU) – $355 million
- Moca Network (MOCA) – $233 million
- Hedera (HBAR) – $184 million
- Bitcoin (BTC) – $179 million
- Tether (USDT) – $53 million
- Bonk (BONK) – $42 million
- Kyber Network Crystal (KNC) – $159 million
- Hyperlane (HYPER) – $99 million
XRP remained on investors’ radars, reaching the highest volume on both Upbit and Bithumb. Meanwhile, the significant volume increase seen in NFT-themed projects like Pudgy Penguins (PENGU) suggests that Korean users are not only interested in large-scale projects but also niche altcoins and memecoins.
*This is not investment advice.
