South Korea's Altcoin Trading Volumes Skyrocket Amid Renewed Interest
South Korea's largest cryptocurrency exchanges have seen significant trading volume increases for several altcoins. According to recent data, Upbit and Bithumb reported a combined total of $347.7 million in trading volume over the past 24 hours.
META led the pack with a staggering $65.84 million in trading volume on Upbit alone, accounting for 12.39% of the exchange's total spot volume. Euler ($EUL) followed closely behind with a total volume of $47.65 million across both exchanges.
$XRP, traditionally popular among South Korean investors, saw a significant boost with a total trading volume of $38.11 million on Upbit and Bithumb. While these numbers may not be record-breaking, they do indicate a renewed interest in altcoins within the South Korean market.