The South Korean cryptocurrency market has seen remarkable activity in the last 24 hours.
When data from Upbit and Bithumb, the country’s two largest exchanges, are analyzed together, it is seen that trading volume has increased sharply, especially in some altcoins.
This surge in trading volume, concentrated in KRW pairs, indicates that South Korean individual investors are once again focusing on high-risk, short-term price movements. XRP, memecoins, and next-generation projects were among the prominent players contributing to the volume increase.
Here are the top-ranked altcoins according to trading volume data from two cryptocurrency exchanges:
- XRP – $264.1 million
- Dogecoin (DOGE) – $73.0 million
- Pepe (PEPE) – $61.3 million
- Solana (SOL) – $56.9 million
- Official Trump (TRUMP) – $46.4 million
- Pudgy Penguins (PENGU) – $40.3 million
- Bonk (BONK) – $38.8 million
- Virtuals Protocol (VIRTUAL) – $31.0 million
- World Liberty Financial (WLFI) – $19.3 million (Upbit only)
- Worldcoin (WLD) – $18.8 million (Bithumb only)
With a total volume exceeding $260 million, XRP is by far the leader, while the heavy trading activity seen in memecoins like DOGE, PEPE, and BONK demonstrates the speculative nature of the South Korean market.
*This is not investment advice.
