South Korea’s “Big Four” cryptocurrency exchanges – Bithamb, Corbit, Upbit and Sikon – are showing significant gains in Bitcoin (BTC) enthusiasm.
Velcoins, meanwhile, now represent the highest 24-hour coverage, according to data from multiple market aggregators.
In addition to XRP, which is often popular among cryptocurrency traders in Asia, the small market cap cryptocurrency shows the way in terms of Big Four trading volumes.
Mesari represents Revencoin (RVN), Near Protocol (NEAR) and New Kind of Network (NKN) as the top three cryptos in terms of volume on data uptake exchanges in Crypto Research Group.
The increase in NKN’s volume on the South Korean exchange indicates that the alternative currency center is clearly stepping into the country’s cryptocurrency traders.
Earlier, according to the Cointelegraph, NKN saw a 1400% rally between March 8 and April 6, with 83 times more tokens than writing.
Exchange data from CoinMarketCap shows that XRP is the No. 1 digital currency traded on four major cryptocurrency exchanges in South Korea. In fact, the top 10 volume issues of all four exchanges are dominated by small to large capitals such as Mylarse (MVC) and Chiliz (CHZ).
Compared to a snapshot of CHZ’s trading volume on last January’s upbeat, the sign’s 24-hour social symbol activity jumped from less than 5 5 million in April to more than 7 30,730 million. Small cap digital currencies, which dominate trading activity on exchange platforms in South Korea, have grown by an average of 3,000%.
This rush for cryptocurrencies capable of “melting the face” has led to a decline in bitcoin trading on the South Korean exchange. In the big four, the BTC rate has dropped from 30% to 40%.
Bitcoin is currently experiencing another round of positive price action and has reached a new high above $ 62,000. BTC averages फोर 1,200 in the Big Four in South Korea. At the time of writing, Kim’s premium is around 1%%.