Surge in Altcoin Trading Volumes on South Korean Exchanges
In the last 24 hours, South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have reported significant trading activities involving several altcoins. Notably, Doppler Finance (XDP), Kaia (KAIA), and XRP have been highlighted for their remarkable trading volumes, indicating a robust interest among investors.
Leading Altcoins by Volume
On Bithumb, Doppler Finance (XDP) led the pack with a staggering trading volume of $106.56 million, representing approximately 19.44% of the exchange’s total spot trading volume during this period. Closely following was Kaia (KAIA), which amassed $76.33 million on Bithumb and an additional $23.63 million on Upbit, culminating in a total of around $100 million across both platforms.
Meanwhile, Upbit showcased high trading volumes for XRP, Conflux (CFX), and NEAR Protocol (NEAR). Conflux (CFX) recorded a notable $38.43 million in trading volume on Upbit, contributing to the growing activity in this altcoin market.
Overall Altcoin Trading Rankings
When combined data from both exchanges are taken into account, the leading altcoins by total trading volume are as follows:
- Doppler Finance (XDP) – $106.56 million
- Kaia (KAIA) – $99.97 million
- XRP (XRP) – $60.11 million
- Worldcoin (WLD) – $48.06 million
- NEAR Protocol (NEAR) – $39.72 million
- Conflux (CFX) – $38.43 million
- USD.AI (CHIP) – $35.84 million
- Ondo (ONDO) – $27.62 million
- Talus (US) – $27.28 million
- Ethereum (ETH) – $25.32 million
- Starknet (STRK) – $24.35 million
- Caldera (ERA) – $19.61 million
- Lagrange (LA) – $18.11 million
- dKargo (DKA) – $17.87 million
- Walrus (WAL) – $17.22 million
This surge in trading volumes reflects the dynamic nature of the cryptocurrency market, where specific altcoins can quickly gain traction among traders and investors.
Disclaimer: This information is not financial advice and should not be taken as such.
