On February 25th, COINOTAG reported that Upbit has demonstrated significant activity in the cryptocurrency market, with a remarkable trading volume of $4.531 billion within a 24-hour period, as per data from CoinGecko. Dominating this volume, the XRP/KRW trading pair constituted an impressive 27.99%, positioning it as the leading pair in the Korean won market. The remainder of the trading volume was distributed among several other key cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Dogecoin (DOGE). This substantial trading activity underscores the growing interest and investment in these digital assets, particularly within the Korean market, highlighting the crucial role that exchanges like Upbit play in the overall crypto ecosystem.
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