South Korea's Crypto Exchanges See Explosive Trading Volumes in Altcoins

South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, have seen remarkable trading volumes in altcoins over the past 24 hours. The interest from South Korean investors has led to some lower market cap altcoins achieving volumes approaching or surpassing those of major cryptocurrencies like Bitcoin and Ethereum.

Momentum (MMT) saw the highest trading volume, reaching approximately $39.7 million on Upbit and $6 million on Bithumb, for a total of around $45.7 million. XRP was also heavily traded by South Korean investors, with a total 24-hour trading volume of approximately $26.9 million across both exchanges.

The top altcoins on South Korea's largest cryptocurrency exchanges over the past 24 hours include Momentum (MMT), XRP (XRP), and Biconomy (BICO). The remaining altcoins in the list, such as Cysic (CYS) and RE (RE), also saw significant trading volumes. However, it is essential to note that this information should not be taken as investment advice.