The South Korean cryptocurrency market has seen remarkable activity in the last 24 hours. An analysis of data from the country’s two largest exchanges, Upbit and Bithumb, reveals a significant increase in trading volumes, particularly in certain altcoins.
When the 24-hour spot market data from both exchanges are combined, it becomes clear that the volume increase is not limited to major cryptocurrencies; gaming, NFTs, and next-generation layer-1/ecosystem projects are also prominent. Projects like Axie Infinity, Berachain, and Story, in particular, have seen a strong surge in demand in the Korean market.
Here are the altcoins with the highest trading volume on South Korean cryptocurrency exchanges in the last 24 hours:
- AXS – $253.6 million
- BERA – $185.0 million
- IP – $163.0 million
- ME – $110.1 million
- USDE – $107.3 million
- XRP – $91.3 million
- USDT – $80.8 million
- SAND – $74.5 million
- BTC – $53.7 million
- ETH – $58.5 million
- MOVE – $44.2 million
The data reveals that highly volatile assets such as Axie Infinity (AXS) and Berachain (BERA) are once again attracting speculative interest in the South Korean market.
*This is not investment advice.