Upbit Reveals Most Popular Altcoins by Trading Volume
Upbit, South Korea’s largest cryptocurrency exchange, announced the most popular altcoins according to their trading volumes in the last 24 hours.
The cryptocurrencies preferred by the country that hosts the most cryptocurrency owners in the world according to its population ratio yield interesting results from time to time.
According to Upbit data, XRP topped the list with its trading volume in the last 24 hours. Popular assets such as Solar, Dogecoin and Ethereum followed, respectively. The interest in memecoins and politically themed tokens also attracted attention.
Here are the 10 altcoins that reached the highest trading volume on Upbit in the last 24 hours and their shares in trading volume:
- XRP – 10.50%
- Solar (LAYER) – 8.91%
- Dogecoin (DOGE) – 7.14%
- Ethereum (ETH) – 6.71%
- Official Trump (TRUMP) – 5.64%
- Bounce Token (AUCTION) – 4.93%
- KAITO – 4.07%
- Bitcoin (BTC) – 3.50%
- Berachain (BERA) – 2.91%
- Solana (SOL) – 2.47%
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It is noteworthy that the LAYER token has attracted high volume interest from South Koreans, despite its relatively low market value of $255 million.
However, XRP continues to be the number one cryptocurrency exchange in South Korea in terms of volume. As for the TRUMP token, which may be considered a surprise on the list, this interest may be due to the event that will take place on May 22, where the largest token holders will meet with US President Donald Trump at a dinner.
*This is not investment advice.