South Korean Investors Fuel Altcoin Frenzy, with Ripple Leading the Charge in Sudden Market Uptick

Data from leading South Korean cryptocurrency exchanges Upbit and Bithumb indicates significant activity in the last 24 hours, particularly in the altcoin market.

Combining data from both platforms reveals a significant increase in trading volumes and investor interest in some altcoins. Based on a combination of Upbit and Bithumb data showing trading volume over the past 24 hours, the top altcoins are ranked as follows:

$XRP – $129.7 million

Drift Protocol (DRIFT) – $63.4 million

Solana (SOL) – $30.0 million

Dogecoin (DOGE) – $29.7 million

Enjin Coin (ENJ) – $22.0 million

SPACE ID (ID) – $19.7 million

Falcon Finance (FF) – $16.9 million

0G – $15.6 million

Cardano (ADA) – $12.9 million

Venus (XVS) – $11.6 million

dKargo (DKA) – $11.1 million

Blast (BLAST) – $10.1 million

SOON – $9.6 million

Ontology (ONT) – $9.7 million

Ankr (ANKR) – $8.8 million

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The data points to a significant concentration of liquidity, particularly in assets like $XRP and DRIFT, while major altcoins such as Solana and Dogecoin also rank high on the list with strong volumes. *This is not investment advice.