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Upbit Trading Volume Surges to $19.64 Billion in 24 Hours

CoinGecko data from August 7 reveals a decline of over 10% in Upbit’s 24-hour trading volume, with the new PROVE/KRW pair leading at 18.1%.

BTC
ETH
XRP

Summary

According to CoinGecko data reported on August 7, Upbit's 24-hour trading volume fell to $1.625 billion, a drop of more than 10%. The new token PROVE/KRW dominated trading activity with an 18.1% market share, followed by XRP, ETH, BTC, and ENA in the top five.

Terms & Concepts
  • PROVE/KRW: A trading pair featuring the PROVE token against the South Korean won, capturing 18.1% of trading activity.
  • XRP: A digital asset associated with Ripple, significant in various exchange markets.
  • ETH: The native cryptocurrency of the Ethereum network, widely used for transactions and smart contracts.