XRP trading volumes spiked to billions of dollars on UpBit, BithumbOfficial and Korbit, three of South Korea’s top exchanges by volume, as the token rose 26% in the past week. By shauryamalwa.
The South Korean crypto trading mania has seemingly returned fueled by the surge in XRP tokens.
In the past 24 hours, XRP trading made up 37% of all volume on Bithumb, 18% of volume on UpBit, and a staggering 50% of all volume on Korbit, data from CoinGecko and CoinMarketCap shows. These volumes were against the U.S. dollar on UpBit, and against the Korean won on Bithumb and Korbit. Some of that volume may be attributable to wash trading, a manipulative technique where in a traders continually buy and sell the same asset to drive up volumes in order to create a false impression of market activity.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP Price Skyrockets Against KRW as Korean XRP Whale Withdraws Millions From UpbitKorean whale moves millions of XRP from major exchange Upbit, is this bullish? xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplex $xrp
Read more »
XRP Hits Massive Milestone That Explains Current Market Rally, Here's What's Happening$XRP whooping 30% rally brought attention back to the cryptocurrency, suggest social indicators, and it is an important sign
Read more »
David Gokhshtein Highlights XRP Price Resistance as Binance Lawsuit News Spreads$XRP keeps trading high as the crypto market falls on binance lawsuit news: DavidGokhshtein. cz_binance
Read more »
Veteran Trader Peter Brandt Gets Bashed by XRP Community, Here's What HappenedXRP community takes jab at veteran trader Peter Brandt, here's what went down XRPArmy XRPHolders $XRP XRPCommunity PeterBrandt
Read more »
XRP Just Reached Multimonth Highs, Here Are Two TriggersXRP reaches new multimonth heights $XRP XRPholders XRPArmy XRPCommunity
Read more »
Bitcoin Regains $28K; XRP Surges for a Second DayBitcoin showed signs of resilience with a recovery above the key $28,000 level on Wednesday, while $XRP gained for a second straight day. By shauryamalwa.
Read more »