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South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, have seen a notable increase in altcoin trading volume over the past 24 hours. The sudden surge in volume for leading altcoins like XRP, Dogecoin, and Tezos was particularly striking.

When data from the two exchanges were combined, the total 24-hour trading volume of some altcoins reached hundreds of millions of dollars.

Below is the list of altcoin trading volumes on Upbit and Bithumb over the last 24 hours.

XRP – $905 million

Dogecoin (DOGE) – $602 million

Tezos (XTZ) – $406 million

Ethereum (ETH) – $398 million

Bitcoin (BTC) – $186 million

Tether (USDT) – $184 million

Ethena (ENA) – $171 million

Nervos Network (CKB) – $167 million

Tokamak Network (TON) – $145 million

Ethereum Classic (ETC) – $153 million

Solana (SOL) – $151 million

Elixir (ELX) – $120 million

Conflux (CFX) – $55 million

Worldcoin (WLD) – $42 million

Pudgy Penguins (PENGU) – $37 million

While the total volume of XRP on two exchanges alone exceeded $900 million, it was observed that memecoin Dogecoin and Tier-1 project Tezos were also in high demand.