Upbit’s Daily Trading Volume Climbs 30.8% to $2.1 Billion
CoinGecko data shows Upbit’s 24-hour trading volume fell 22.5% to $2.585 billion, with DOGE/KRW leading the KRW market share, followed by XRP, SOL, ETH, and LINEA.
ETH
USDT
SOL
Summary
According to CoinGecko on September 14, Upbit’s 24-hour trading volume declined by 22.5% to $2.585 billion. The DOGE/KRW pair accounted for 13.6% of the KRW market volume, ranking first, with XRP, SOL, ETH, and LINEA following. This shift highlights changing dynamics in trading activity across major cryptocurrencies on the South Korean exchange.
Terms & Concepts
- Trading Volume: The total value of all trades executed on an exchange over a specific period, often used to gauge market activity.
- DOGE/KRW: A trading pair representing the exchange of Dogecoin (DOGE) against the South Korean won (KRW).
- CoinGecko: A cryptocurrency data aggregator providing market metrics such as trading volume, price, and rankings.