{"id":31886,"date":"2024-11-03T22:00:14","date_gmt":"2024-11-03T19:00:14","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=31886"},"modified":"2024-11-03T20:18:28","modified_gmt":"2024-11-03T17:18:28","slug":"there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea\/","title":{"rendered":"There is a Trading Volume Explosion in 5 Altcoins in South Korea!"},"content":{"rendered":"<p>In <strong>South Korea<\/strong>, there has been a significant explosion in trading volumes for five altcoins on the Upbit exchange. Notable projects such as <strong>BEAM<\/strong>,<strong> ZRO<\/strong>,<strong> AUCTION<\/strong>,<strong> TFUEL<\/strong>, and<strong> STG<\/strong> have shown substantial increases in their trading volumes.<\/p>\n<p>Specifically, the trading volume for the <strong>BEAM (BEAM)<\/strong> altcoin surged to $63 million in a four-hour period, marking an impressive increase of 212.77%. However, during the same timeframe, <strong>BEAM<\/strong>&#8216;s volume on Binance decreased by 39.80%, falling from an average of $6 million to $4 million\u200b.<\/p>\n<hr \/>\n<p><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/could-a-trump-victory-energize-the-crypto-markets\/\">Could Trump\u2019s Victory Stimulate the Crypto Markets?<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p><strong>LayerZero (ZRO)<\/strong> has also emerged as another noteworthy token; its trading volume on Upbit experienced a remarkable increase of 365.80%, rising from an average of $41,000 to $190,000 in a one-hour timeframe. In contrast, Binance showed a more moderate increase, with its volume growing from $97,000 to $141,000\u200b.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.btchaber.com\/wp-content\/uploads\/2021\/09\/upbit-guney-korenin-kayitli-ilk-kripto-borsasi-oldu-844x475.jpg\" alt=\"south korea\" width=\"844\" height=\"475\" \/><\/p>\n<p><strong>Bounce Token (AUCTION)<\/strong> saw its trading volume on Upbit rise dramatically by 246.49%, increasing from an average of $3,000 to $11,000 in just one hour. However, on Binance, the volume fell by 56.76%, dropping from $4,000 to $2,000.<\/p>\n<p>Similarly, other altcoins like <strong>Theta Fuel (TFUEL)<\/strong> and <strong>Stargate Finance (STG)<\/strong> followed this trend. <strong>TFUEL<\/strong>&#8216;s volume on Upbit surged by 339.14%, reaching $2 million from $418,000, while its volume on Binance slightly decreased from $488,000 to $471,000. Meanwhile, <strong>STG<\/strong> increased by 165.54% on Upbit, climbing from $137,000 to $363,000, but saw a decline of 19.60% on Binance, falling from $175,000 to $140,000.<\/p>\n<p>These figures once again highlight the significant impact of fluctuations in South Korea&#8217;s cryptocurrency market\u200b.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In South Korea, there has been a significant explosion in trading volumes for five altcoins on the Upbit exchange. Notable projects such as BEAM, ZRO, AUCTION, TFUEL, and STG have shown substantial increases in their trading volumes. Specifically, the trading volume for the BEAM (BEAM) altcoin surged to $63 million in a four-hour period, marking<\/p>\n","protected":false},"author":28,"featured_media":31887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[6463,4332,22,6989,177,9257,1999,9258,2819,1438,2856],"class_list":["post-31886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-auction","tag-beam","tag-binance","tag-korea","tag-layerzero","tag-south","tag-south-korea","tag-stg","tag-tfuel","tag-upbit","tag-zro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>There is a Trading Volume Explosion in 5 Altcoins in South Korea! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There is a Trading Volume Explosion in 5 Altcoins in South Korea! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"In South Korea, there has been a significant explosion in trading volumes for five altcoins on the Upbit exchange. Notable projects such as BEAM, ZRO, AUCTION, TFUEL, and STG have shown substantial increases in their trading volumes. Specifically, the trading volume for the BEAM (BEAM) altcoin surged to $63 million in a four-hour period, marking\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-03T19:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-03T17:18:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/11\/south-korea.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yigit Taha OZTURK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yigit Taha OZTURK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/there-is-a-trading-volume-explosion-in-5-altcoins-in-south-korea\/\",\"name\":\"There is a Trading Volume Explosion in 5 Altcoins in South Korea! 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