Trading Volume Surge on Upbit and Bithumb

Upbit and Bithumb, South Korea’s largest cryptocurrency exchanges, have seen significant increases in trading volume for some altcoins in the last 24 hours.

Notably, trading volumes for altcoins such as XRP, Stellar (XLM), and Bounce (AUCTION) have reached hundreds of millions of dollars.

Top Altcoins by Trading Volume (Last 24 Hours)

1. XRP – $645 million
2. Stellar (XLM) – $460 million
3. Bounce (AUCTION) – $277 million
4. Pudgy Penguins (PENGU) – $355 million
5. Moca Network (MOCA) – $233 million
6. Hedera (HBAR) – $184 million
7. Bitcoin (BTC) – $179 million
8. Tether (USDT) – $53 million
9. Bonk (BONK) – $42 million
10. Kyber Network Crystal (KNC) – $159 million
11. Hyperlane (HYPER) – $99 million

XRP remains popular among investors, having the highest trading volume on both Upbit and Bithumb. Additionally, the volume increase in NFT-themed projects like Pudgy Penguins (PENGU) indicates that Korean users are interested in both established and niche altcoins as well as memecoins.

> This is not investment advice.