Altcoins

These 5 Altcoins Record Remarkable Trading Volumes on South Korean Exchanges as Cryptocurrency Market Heats Up

Extraordinary values were detected in the transaction volumes of some altcoins on Upbit, South Korea’s largest and the world’s second largest cryptocurrency exchange.

The 4-hour chart for Pyth Network (PYTH) showed a significant increase in trading volume. On Upbit, 4-hour average 50 volume of $19 million rose to $47 million, an increase of 143.89%. Meanwhile, volume on Binance rose from an average of $13 million to $16 million, representing a 28.67% increase.

The 1-hour chart for 0x Protocol (ZRX) also reported unusual trading volumes. On Upbit, the $13 million 1-hour average 50 volume jumped to around $40 million, a whopping 202.96% increase. However, volume on Binance remained relatively stable, gaining 1.21%.

QuarkChain (QKC) also saw a huge increase in 4-hour trading volume. On Upbit, the 4-hour 50 volume average of $284 million skyrocketed to $1 billion, a staggering increase of 271.36%. In Binance, the volume increased from an average of 40 million dollars to 47 million dollars, showing an increase of 17.62%.

Golem (GLM) recorded a significant change in 1-hour trading volume. On Upbit, 1-hour average volume of 50 from $2 million increased by 339.75% to approximately $9 million. On Binance, the volume increased from 896 thousand dollars to 1 million dollars, showing a change of 26.81%.

Finally, Aergo (AERGO) observed a notable change in 4-hour trading volume. On Upbit, the 4-hour 50 average volume of $20 million rose to $30 million, an increase of 50.35%. On Binance, volume rose 20% from an average of $3 million.

*This is not investment advice.

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