Unusual Trading Volume Booms in 5 Altcoins in South Korea
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 04 2024Significant Trading Volume Increases: Upbit, South Korea's largest cryptocurrency exchange, reported remarkable increases in trading volumes for several altcoins, including STP (841.65% increase), LOOM (101.54% increase), and THETA (260.23% increase), while Binance showed more modest or declining volumes for the same assets.
Contrasting Market Activity: While Upbit experienced substantial volume surges for various altcoins like aelf (288.63% increase) and Blur (175.23% increase), Binance's trading volumes for these coins either increased slightly or decreased significantly, highlighting discrepancies in market activity between the two exchanges.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
