Altcoin Volumes Have Skyrocketed on South Korea’s Major Cryptocurrency Exchanges – Here Are the Most Traded Altcoins

South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, have recorded exceptionally high trading volumes for some altcoins in the last 24 hours. Particularly noteworthy is the fact that some altcoins with lower market capitalization have surpassed major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

When the trading volumes of the two exchanges were combined, Axis Robotics (AXIS) topped the list with a volume of approximately $257 million. AXIS was followed by Irys (IRYS) with $177.83 million and Threshold Network (T) with $144.47 million.

Approximately $196.28 million of AXIS’s trading volume came from Upbit, and $60.78 million from Bithumb. This indicates that the altcoin is heavily traded on both South Korean exchanges.

When the latest 24-hour data from Upbit and Bithumb are combined, the altcoins with the highest trading volume are ranked as follows:

1. Axis Robotics (AXIS) – $257.06 million
2. Irys (IRYS) – $177.83 million
3. Threshold Network (T) – $144.47 million
4. Babylon (BABY) – $109.84 million
5. Orderly (ORDER) – $77.57 million
6. Blast (BLAST) – $71.67 million
7. XRP (XRP) – $67.78 million
8. Sophon (SOPH) – $62.18 million
9. Cap (CAP) – $48.53 million
10. Capybobo (PYBOBO) – $41.66 million
11. Moonbirds (BIRB) – $37.69 million
12. Gitcoin (GTC) – $34.64 million
13. Bubblemaps (BMT) – $33.91 million
14. Steem (STEEM) – $26.73 million
15. Worldcoin (WLD) – $20.28 million

*This is not investment advice.