South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, have experienced significant trading volume increases in some altcoins over the last 24 hours.
Especially in altcoins like XRP, Stellar (XLM) and Bounce (AUCTION), the trading volumes reached hundreds of millions of dollars.
The altcoins with the highest trading volume in the last 24 hours, according to the trading volumes of the two exchanges, are ranked as follows:
- XRP – 645 million dollars
- Stellar (XLM) – 460 million dollars
- Bounce (AUCTION) – 277 million dollars
- Pudgy Penguins (PENGU) – 355 million dollars
- Moca Network (MOCA) – 233 million dollars
- Hedera (HBAR) – 184 million dollars
- Bitcoin (BTC) – 179 million dollars
- Tether (USDT) – 53 million dollars
- Bonk (BONK) – 42 million dollars
- Kyber Network Crystal (KNC) – 159 million dollars
- Hyperlane (HYPER) – 99 million dollars
XRP has maintained its position on investors’ radar by reaching the highest volume on both Upbit and Bithumb exchanges. On the other hand, the significant increase in volume seen in NFT-themed projects like Pudgy Penguins (PENGU) reveals that Korean users are turning not only to major projects but also to niche altcoins and memecoins.
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