In South Korea’s busy markets, where cryptocurrency trading often peaks, XRP has taken the lead, even eclipsing 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 trading volume reaching over $800 million in just one day.
At UpBit, a whopping $600 million was traded in XRP alone, while Bithumb wasn’t far behind with over $200 million. In contrast, Bitcoin trading was subdued, with volumes on these exchanges less than half of XRP volumes. Interest in other cryptocurrencies such as Dogecoin or Ethereum seemed almost negligible as trading volumes only reached a tenth of XRP.
This surge in trading isn’t just numbers on the screen; It’s a siren song for those who watch the markets closely. High trading volumes typically signal that the market’s heartbeat is beating faster, often a harbinger of…
