Euler, DeXe and Shiba Inu Lead 24-Hour Altcoin Volumes on Upbit and Bithumb
Key Takeaways
- •Euler led combined 24-hour altcoin volume on Upbit and Bithumb with approximately $83.1 million traded.
- •DeXe generated about $80.2 million in volume on Bithumb and accounted for 25.8% of the exchange’s total spot trading activity.
- •Shiba Inu recorded roughly $77.1 million in total volume and was the most traded cryptocurrency on Upbit during the period.
- •Upbit and Bithumb are closely watched because they represent a large share of South Korea’s crypto spot-market activity, especially in altcoins.
- •Short-term altcoin rankings on spot exchanges can change quickly as trading interest shifts between tokens.
South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, recorded a notable increase in trading volume across several altcoins over the past 24 hours, with activity concentrated in Euler (EUL), DeXe (DEXE), and Shiba Inu (SHIB).
Trading volume data from Upbit and Bithumb is closely watched because the two platforms account for a large share of South Korea’s crypto spot-market activity, particularly in altcoins. Elevated volume can indicate increased trader attention and liquidity on a given venue, though it does not by itself show whether buying or selling pressure dominated.
Combined data from the two exchanges showed Euler (EUL) at the top of the list, with total 24-hour trading volume of more than $83.1 million. EUL generated $40.4 million in volume on Upbit and $42.7 million on Bithumb.
DeXe (DEXE) ranked second, reaching $80.2 million in trading volume on Bithumb alone. The token, which has recently drawn attention because of sharp price movements, accounted for 25.8% of Bithumb’s total spot trading volume.
Shiba Inu (SHIB) followed with total 24-hour trading volume of $77.1 million, including $65.5 million on Upbit and $11.6 million on Bithumb. SHIB was the most traded cryptocurrency on Upbit during the period.
The reported 24-hour altcoin trading volumes on Upbit and Bithumb were as follows:
- Euler (EUL) – $83.12 million
- DeXe (DEXE) – $80.21 million
- Shiba Inu (SHIB) – $77.06 million
- Pieverse (PIEVERSE) – $40.95 million
- XRP – $27.33 million
- Dogecoin (DOGE) – $23.06 million
- Perle (PRL) – $22.52 million
- RE – $18.66 million
- Ondo (ONDO) – $13.70 million
- Morpho (MORPHO) – $12.79 million
- Lagrange (LA) – $12.72 million
- Zama (ZAMA) – $12.18 million
- Solstice (SLX) – $10.89 million
- Worldcoin (WLD) – $10.78 million
- ETHGas (GWEI) – $10.37 million
The next data point to monitor is whether volume remains concentrated in the leading names or rotates into other altcoins on the two exchanges, as short-term rankings on spot venues can change quickly when trading interest shifts.
