In the last 24 hours, trading volumes for certain altcoins have significantly increased on leading South Korean cryptocurrency exchanges Upbit and Bithumb. Interest in some coins has risen, especially for XRP and Bonk.
Increase in Interest for Altcoins
Analysis of transaction data from both exchanges shows XRP at the top with a trading volume exceeding $179.9 million, followed by Bonk with $138.2 million.
Top 10 Altcoins by Trading Volume
Below is a list of 10 altcoins with the highest trading volumes in the last 24 hours on Upbit and Bithumb:
1. XRP (XRP) – $179,895,727 2. Bonk (BONK) – $138,250,176 3. Bitcoin (BTC) – $75,327,239 4. Ethereum (ETH) – $56,787,998 5. UXLINK (UXLINK) – $60,515,026 6. Pocket Network (POKT) – $42,903,325 (Upbit Only) 7. Cobak (CBK) – $42,879,097 (Upbit Only) 8. Access Protocol (ACS) – $23,889,013 (Bithumb Only) 9. Dogecoin (DOGE) – $47,224,030 10. Tether (USDT) – $37,688,825 (Bithumb Only).
Overall Market Dynamics
The increasing interest in altcoins is marked by a noticeable rise in trading volumes, indicating growing investor activity in the South Korean cryptocurrency market.
Trading volumes on South Korean exchanges reflect significant growth, possibly indicating a new wave of interest in altcoins among investors. XRP and Bonk remain in the spotlight due to their high trading volumes.
