While Ripple (XRP) gained close to 100% in value with the positive developments in the case with the SEC, it was seen that South Korean investors had a significant share in the rise.
Ripple and US Securities and Exchange Commission (SEC) ongoing between unregistered sale of securities in his case july 13 on important there has been a development. Judge Analisa TorresRipple sale In some cases sale of securities that it is not decided. your decision to the public After the announcement, XRP to 100% close rise while living South Korean investors on the rise important played a role.
CoinGecko according to data XRP trading volume last 24 per hour 1,771% increase by showing 13.5 billion rose to dollars. The transaction volume increase The majority of South Korea’s largest cryptocurrency exchange Upbit’s XRP/KRW (South Korean Won) originated from the trading pair.
XRP volume surpasses Bitcoin
on Upbit XRP/KRW the volume of the trading pair is final 24 per hour 2.75 billion approximately $ $300 million Bitcoin (BTC) its volume left behind. Although XRP lags behind Bitcoin in transaction volume in the cryptocurrency market, altcoins bitcoin And from Ethereum The situation was different in South Korea, where it generated more trading volume.
XRP trading volume on the South Korean exchange also Binance passing through first global XRP trading volume as well as 18.34% created. If the price of XRP 0.473 at dollar level 0.934 up to the dollar level 90% of which is the current price after gaining value on $0.799 declined to its level.
The world’s largest cryptocurrency exchange Binance, 2.3 billion in dollar volume second while in line OKX whereas 651 million dollar XRP by volume third placed in the queue.
on the other hand Stellar (XLM) And Cardano (ADA) also with Ripple simultaneous South Korean investors to your intense interest was found to be exposed. XLM’s trading volume is up 24 per hour 3.210% While ADA trading volume is increasing, 804% rose. XLM And of the ADA end in 24 hours transaction volumes, respectively. 1,2 And 1.5 billion became dollars. Upbit, XLM and ADA’s last 24-hour global trading volume 18.62% And 15% of in terms of transaction volume in both cryptocurrencies to first place settled down.
Known for their high interest in altcoins South Korean investorsissued by Storj Labs in the past weeks to STORJ a big interest showing cryptocurrencies to 60% close value in winning important had played a role.