South Korea just lit up. Over the weekend, 14 altcoins saw explosive volume spikes across Upbit and Bithumb, the country’s two largest crypto exchanges. Over 16.2 million South Koreans hold crypto accounts, meaning 32% of the entire population owns digital assets. More people in South Korea own crypto than stocks.
XRP: Upbit alone recorded $88 million in XRP volume; the most active trading pair on Upbit right now is XRP/KRW with $24 million in 24-hour volume. Official Trump (TRUMP) surged 52% in 24 hours following the announcement of a second Mar-a-Lago gala exclusively for the top 297 token holders. Korean traders piled in fast, driving $88 million in volume on Upbit alone. Global spot volume hit $1.4 billion.
Dkargo (DKA) The standout micro-cap of the weekend; a blockchain-powered logistics platform built on Arbitrum’s Layer 3 infrastructure that pulled $82 million in volume, surging over 28% in under 12 hours. Volume hit nine times its 30-day daily average. Ethereum (ETH) ETH featured in the weekend surge with solid volume across both exchanges, consistent with its global momentum after printing its first green weekly candle in eight weeks. Alpha (AQT) A DeFi protocol that has maintained strong Korean retail interest.
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