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Trading Volume Data Explodes in 5 Altcoins in South Korea – Here’s the List

Trading Volume Data Explodes in 5 Altcoins in South Korea – Here’s the List

BitcoinsistemiBitcoinsistemi2024/09/01 21:03
By:Mete Demiralp

In South Korea, one of the countries with the highest cryptocurrency adoption, there was an increase in the trading volume of 5 altcoins.

Unusual trading activity across multiple altcoins has been observed on South Korea’s largest cryptocurrency exchange Upbit, with significant volume increases detected across multiple assets.

En dikkat çekici artışlar Beam (BEAM), 0x Protocol (ZRX), Loom Network (LOOM), Axie Infinity (AXS) ve Primer (ASTR) için 4 saatlik ve 1 saatlik grafiklerde kaydedildi.

Beam (BEAM)

On the 4-hour chart, Beam (BEAM) saw a dramatic increase in trading volume on Upbit. While the average 50-period volume was $38 million, the most recent recorded volume increased by 125.48% to $86 million. However, this trend was not reflected on Binance, where Beam’s trading volume decreased by 39.80%, from an average of $6 million to $4 million during the same period.

0x Protocol (ZRX)

Upbit’s 1-hour chart also saw significant movement in 0x Protocol (ZRX), with volumes rising by 273.69% from an average of $76,000 to $284,000. In contrast, Binance saw a modest volume increase of 9.13%, with volumes rising from $167,000 to $182,000.

Loom Network (LOOM)

Loom Network (LOOM) also saw a surge in volume on Upbit’s 1-hour chart, with volumes increasing by 224.61% from an average of $664,000 to $2 million. Meanwhile, on Binance, volume growth was more modest at 30.31%, rising from $674,000 to $878,000.

Axie Infinity (AXS)

Axie Infinity (AXS) showed one of the most significant volume increases on Upbit’s 1-hour chart. Volume rose by 292.22% from an average of $5,000 to around $20,000. However, activity on Binance slightly declined, with volume dropping by 3.36% from $14,000 to $13,000.

Primer (ASTR)

Son olarak, Primer (ASTR) da Upbit’in 1 saatlik grafiğinde alışılmadık bir hacim artışı kaydetti. İşlem hacmi ortalama 723.000 dolardan %251,66 artışla 3 milyon dolara yükseldi.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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