$XRP
📈 Breaking News: 🔥South Korea's retail crypto trading is currently dominated by XRP and Dogecoin, according to data from Upbit, the nation's largest cryptocurrency exchange.
In the past 24 hours, XRP/KRW and DOGE/KRW trading pairs have each recorded volumes exceeding $250 million, surpassing those of Bitcoin and Ethereum, which remained under $150 million.
XRP accounted for 11.3% of Upbit's total trading volume, highlighting its strong appeal among South Korean traders.
This surge in trading activity is attributed to a renewed risk-on sentiment in the markets, fueled by easing U.S.-China trade tensions and expectations of potential interest rate cuts later this year.
Both XRP and Dogecoin have seen significant price increases over the past week, with XRP rising by more than 15% and Dogecoin by over 15%, outpacing Bitcoin's 10% gain and Ethereum's nearly 40% surge.
This trend reflects South Korea's ongoing enthusiasm for high-volatility digital assets, reminiscent of previous retail-driven crypto booms in the country.
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