The South Korean cryptocurrency market has experienced remarkable trading activity over the last 24 hours, with data from the country's two largest exchanges, Upbit and Bithumb, showing a sharp increase in volume concentrated in Korean Won (KRW) pairs. This surge indicates that South Korean individual investors are once again focusing on high-risk, short-term price movements.
XRP led the trading volume by a significant margin, with a total of $264.1 million traded across the two platforms. Memecoins and next-generation projects followed closely behind, demonstrating the speculative nature of the current market interest. The top altcoins by trading volume from the combined exchange data are:
XRP – $264.1 million
Dogecoin (DOGE) – $73.0 million
Pepe (PEPE) – $61.3 million
Solana (SOL) – $56.9 million
Official Trump (TRUMP) – $46.4 million
Pudgy Penguins (PENGU) – $40.3 million
Bonk (BONK) – $38.8 million
Virtuals Protocol (VIRTUAL) – $31.0 million
World Liberty Financial (WLFI) – $19.3 million (Upbit only)
Worldcoin (WLD) – $18.8 million (Bithumb only)
Separately, CoinGecko shared data on the most searched cryptocurrencies on its platform in recent hours, revealing a similar trend. The search ranking highlights concentrated interest in memecoins and high-volatility projects, with Bonk (BONK) topping the list, followed by Pepe (PEPE), Pudgy Penguins (PENGU), Floki (FLOKI), and Lighter (LIT). Major cryptocurrencies like Bitcoin (BTC) and Solana (SOL) also featured in the top searches, indicating a broader, albeit volatile, market interest.
