Data from South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, revealed a significant surge in trading volume for several altcoins over the past 24 hours, driven by strong demand unique to the Korean market. According to the data, projects with low and mid-market caps, such as Orca (ORCA), Zerobase (ZBT), and Enso (ENSO), experienced the most notable liquidity increases. The top altcoins by trading volume on South Korean exchanges included Orca with $271.20 million, ZEROBASE with $160.76 million, and Enso with $149.78 million, followed by Radium (RAY), Axie Infinity (AXS), and others.
In a related development, CoinGecko released its list of the most-searched crypto assets over the last three hours, with Orca (ORCA), USD.AI (CHIP), and Ultima topping the list. The data highlighted that short-term investor interest can shift rapidly, with Orca's double-digit price increase over the past 24 hours coinciding with its rise to the top of the search rankings. The list also included high-market-cap projects like Bitcoin, Aave, and Sui, indicating broad market interest across both retail and larger investors.
CoinGecko emphasized that these trends are based on search volumes, which sometimes precede price movements but not always. The mix of projects, from newer ones like Ultima to established names like Bitcoin, suggests a widespread search for opportunities across the crypto spectrum. Investors are advised to use such lists as one of many tools rather than direct trading signals.
