The post XRP Dominates Upbit Trading As Meme Coins Capture Market Share appeared on BitcoinEthereumNews.com.

XRP led Upbit trading with $549.76M volume, capturing 17.12% of total activity. Meme coins like BONK and DOGE outpaced several large-cap assets in short-term volume. Ethena, Babylon, and Moo Deng joined Upbit as top gainers posted double-digit price increases. XRP led trading activity on Upbit over the past 24 hours, recording $549.76 million in volume. The XRP/KRW pair traded at $2.09, making up 17.12% of the platform’s total exchange volume. Despite a 28.1% drop in overall activity, Upbit registered a trading volume of $3.21 billion, with XRP contributing the largest share. The token’s continued presence at the top spot points to strong engagement among South Korean traders focused on KRW pairs. 🚨 #XRP leads Asia again! 📈 $549M+ in 24h volume on Upbit 🇰🇷🌊 Total market volume: $3.21B🔥 XRP alone makes up 17.1% of the entire volume! Asia’s about to pump — are you ready?🤯 pic.twitter.com/iDfE1eEJtK — 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) July 16, 2025 Upbit remains one of the largest cryptocurrency exchanges in Asia by spot volume. While most assets saw reduced participation, XRP maintained a leading position across all listed pairs. Its consistent volume shows that demand for XRP trading has remained steady, even during broader pullbacks. The exchange’s trust score stands at 8 out of 10, indicating continued confidence in its trading environment. Bitcoin and Ethereum Show High Volume, but Meme Coins Surge Behind XRP, Pudgy Penguins (PENGU) ranked second in volume, trading at $0.0137 against the Korean won. The asset attracted $215.21 million, representing 7.84% of the total trades on the platform. Ethereum (ETH) posted higher volume than Bitcoin during the period, with the ETH/KRW pair logging $248.49 million in trades at a price of $3,091.45. Bitcoin (BTC), however, came in third in terms of trading volume. The BTC/KRW was sold at a price of the $92,987.69 and a…

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Filed under: News - @ July 17, 2025 2:16 am