XRP Volumes on South Korean Crypto Exchanges beat BTC, DOGE
In the bustling markets of South Korea, where cryptocurrency trading often reaches fever pitch, XRP has taken the lead, eclipsing even the mighty Bitcoin in trading volume. On platforms like UpBit and Bithumb, XRP’s dance with the Korean won has been nothing short of spectacular, with volumes hitting over $800 million in just one day.
At UpBit, XRP alone saw a whopping $600 million in trades, while Bithumb wasn’t far behind, registering over $200 million. In contrast, Bitcoin’s trading was subdued, with volumes less than half of XRP’s on these exchanges. The interest in other cryptocurrencies like Dogecoin or Ethereum seemed almost negligible, with trading volumes reaching only a tenth of XRP’s.
This surge in trading…