Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen a significant increase in the trading volume of several altcoins in the past 24 hours. This surge in volume, particularly concentrated in the Korean Won (KRW) pair, suggests renewed interest from local investors.
According to Upbit data, Virtuals Protocol (VIRTUAL) was the most traded crypto asset on the exchange with a trading volume of $119.9 million, while Tether (USDT) surpassed Bithumb with $103.2 million. The surge in trading volumes for altcoins such as XRP, Mina Protocol, and Livepeer was particularly noticeable.
Below is a list of altcoins with high trading volumes on the two exchanges.
- Virtual Protocol (VIRTUAL) – $172.47 million
- Tether (USDT) – $196.07 million
- Mina Protocol (MINA) – $113.38 million
- XRP (XRP) – $121.61 million
- Livepeer (LPT) – $93.17 million
- Bitcoin (BTC) – $76.26 million
- Ethereum (ETH) – $71.32 million
- Solana (SOL) – $55.7 million
- AltLayer (ALT) – $44.11 million
- Dogecoin (DOGE) – $33.12 million
*This is not investment advice.
