In South Korea, where the cryptocurrency enthusiast population is high, some altcoins are experiencing a trading volume boom.
South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb, have seen a notable increase in trading volume over the past 24 hours. XRP and Ethereum (ETH), in particular, topped the list with trading volumes in the billions of won.
In addition, significant movement was observed in altcoins such as Story (IP) and Axie Infinity (AXS).
Experts believe that Korean investors’ sensitivity to market movements has contributed to this increase. XRP’s recent price performance and developments in the Ripple case are believed to have fueled this interest.
Here are the altcoins with the highest trading volume in the last 24 hours on two exchanges:
