Upbit Sees $1.802 Billion Trading Volume, Driven by WCT/KRW Pair Dominance in Korean Market

In a recent update from COINOTAG, dated May 28th, the cryptocurrency exchange Upbit has demonstrated a robust trading volume of $1.802 billion within the last 24 hours, according to data sourced from CoinGecko. The WCT/KRW trading pair has notably led the Korean won market, contributing 10.42% of Upbit’s total trading activity. This remarkable performance highlights the increasing interest in lesser-known cryptocurrencies among traders. Following WCT, the top five trading pairs included established currencies such as Ethereum (ETH), Bitcoin (BTC), VIRTUAL, and Ripple (XRP). This diversification in trading volume underscores the dynamic nature of the crypto market, as investors continue to explore a variety of digital assets amidst fluctuating market conditions. The data illustrates a pivotal moment for Upbit, further solidifying its presence in the competitive landscape of cryptocurrency exchanges.