Upbit 24-Hour Trading Volume Don Jom to $17B, E Show How BTC/KRW and Altcoin Dem Dey Move for Korean Crypto Market
Upbit, South Korea biggest cryptocurrency exchange, don reach 24-hour trading volume of $17.06 billion according to CoinGecko. The BTC/KRW pair lead with 11.39% of total volume, showing say Bitcoin still dey dominate for Korean crypto market. E get high trading activity for altcoins like XRP, ANIME, ETH, and RVN, wey mean say investors get strong interest for both big and new digital assets. The steady volume for XRP and sharp moves from new coins like Animecoin and Ravencoin mean traders dey shift their interest to alternative cryptocurrencies. Upbit continue dey cement im place as liquidity hub, making am top platform for traders wey dey find big-volume opportunities. For crypto traders, this rise in trading activity mean say short-term chance dey and fit add market momentum for Korean exchanges.
Bullish
Di sharp increase wey happen for Upbit trading volume, especially for the BTC/KRW pair and various altcoins like XRP, ANIME, and RVN, show say liquidity don high well well and investors dem strong inside the Korean crypto market. From before, when volume dey surge like this, e mean say market people get confidence, e dey give short-term price momentum, plus e dey attract both big institution traders and small traders wey dey find volatility and liquidity. The way plenty people dey participate for both strong and new coins show say market engagement dey increase, and na good thing for price action as e dey push prices go up and e also maintain the trading environment steady. For short term, this kind environment dey give active traders chance to make better profit, and for long term e go make Upbit settle as regional liquidity hub, wey fit keep up high trading volumes and support further growth for the Korean crypto sector.