In South Korea, where there is high interest in altcoins, $XRP Aiming for the top spot again.
According to recent data, $XRP Trading in South Korea increased rapidly as investors shifted their focus from stocks to investments. $XRP.
According to DL News, individual investors in their 40s and 50s in South Korea are actively buying. $XRPleading to a sharp increase in trading volume.
According to data from CoinGecko, trading volumes on Upbit and Bithumb, South Korea’s largest exchanges, have increased significantly. Specifically 24 hours $XRP Trading volume increased by 115% on Upbit and 81% on Bithumb.
$XRP It accounted for 18.06% of Upbit’s total 24-hour trading volume of $2.54 billion, higher than Bitcoin’s 11.57% and Ethereum’s 9.64%.
Ryan Yun, senior analyst at Tiger Research, said the increase is due to this demographic group. Yun explained that this means these investors are returning to the crypto market and buying in response to the recent rally in the stock market. $XRP With the funds obtained from selling overseas stocks.
According to analysts, the increase in spot trading volume is due to $XRP This indicates that buying pressure is active. If this situation continues, it may trigger an economic upswing. $XRP.
*This is not investment advice.
