The volume surge of certain altcoins on Upbit, South Korea’s largest cryptocurrency exchange, has caught attention.
Following Ripple’s legal victory against the SEC, there was a substantial surge in the price of XRP in the cryptocurrency market.
South Korea’s largest cryptocurrency exchange, Upbit, experienced significant movement in the market, particularly in altcoin volume, over the last 24 hours.
XRP dominated trading on Upbit, South Korea’s largest exchange, with a volume of $628.7 million, representing 31.51% of the total market share.
Upbit witnessed strong performances from various altcoins, including FirmaChain (FCT2), 1inch Network (1INCH), Ark (ARK), and ThunderCore (TT), which ranked in the top five by volume, respectively.
Bitcoin (BTC), the leading cryptocurrency by market cap, remained relatively stable at around $30,665 on Upbit. It secured the sixth position with a volume of $59 million, accounting for 2.96% of the market share on the exchange.
In seventh place, Solana (SOL) achieved around $50 million in volume, followed by Alpha Quark Token (AQT) in eighth place with $49 million. eCash (XEC) secured the ninth position with $44 million, and Bitcoin Cash (BCH) ranked tenth with $43 million in volume on Upbit.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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