Brothers, come and see! The cryptocurrency market in South Korea is bustling today! The largest exchange, Upbit, just released the latest data, and the 24-hour trading volume has skyrocketed to 3.2 billion dollars; this number is just terrifying to look at!
The most impressive is the coin XRP, which directly accounts for 15.15% of the total trading volume against the Korean won, firmly sitting in the top position! It seems that South Korean friends really love to trade this coin! Following closely are a few others; the popular coin Dogecoin (DOGE) ranks second, and familiar faces like XTZ, Ethereum (ETH), and ETC have also squeezed into the top five.
This South Korean market is just different; look at this trading volume, 3.2 billion dollars! Converted to RMB, that's over 20 billion! Just so much money circulating in a day, it's exciting to think about! However, that being said, it’s surprising that XRP is so popular in South Korea, as it doesn’t seem to be as well-received elsewhere.
All this data was collected by the well-known site CoinGecko on July 20th, very reliable! It seems that the South Korean crypto scene is really lively lately; I wonder if there's some new news circulating. But for us regular players, it's best to just observe; don't blindly follow the trend just because of the large trading volume!
By the way, why do you think XRP is so popular in South Korea? Is there some special reason? Any knowledgeable friends who can chat about this? $XRP