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XRP Dominates Korean Market with 32.83% Trading Volume on Upbit – Insights from CoinGecko
XRP
XRP/USDT
$1.3569
-2.97%
$1.3569
-2.97%
(24s)24h Volume
$1,248,889,384.54
24h H/L
$1.4232 / $1.351
Change: $0.0722 (5.34%)
Long/Short
74.8%
Long: 74.8%Short: 25.2%
Funding Rate
-0.0088%
Shorts pay
Data provided by COINOTAG DATALive data
According to the latest data from CoinGecko, reported by COINOTAG on March 4th, Upbit has demonstrated significant trading activity, achieving a remarkable $5.02 billion in trading volume over a 24-hour period. Notably, the XRP/KRW trading pair has emerged as the most popular, contributing a substantial 32.83% of the total volume in the Korean won market. Following XRP, the top performers in terms of trading volume include Bitcoin (BTC), Cardano (ADA), Tether (USDT), and Solana (SOL). The figures underscore Upbit’s robust position in the crypto exchange landscape, particularly for South Korean traders looking to engage in high-volume digital asset trading.
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