CandleFocus Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea
2024-11-20
Author: Content Editor
XRP and Dogecoin (DOGE) have been experiencing significantly higher trading volumes than Bitcoin on South Korean exchanges like Upbit and Bithumb. This surge in trading activity has contributed to the price increases of the two tokens in the market. While this trading frenzy may indicate market froth, XRP's price stability above $1 suggests the potential for further gains. XRP and DOGE have accounted for a large portion of trading volumes on South Korean exchanges and have been the best-performing majors in the past two weeks. The increased attention from South Korean markets may signal a local top for the tokens, but some analysts believe there is still room for growth in XRP prices.
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