Yigit Taha OZTURK 
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 an impressive increase of 212.77%. However, during the same timeframe, BEAM‘s volume on Binance decreased by 39.80%, falling from an average of $6 million to $4 million.
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LayerZero (ZRO) 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.
Bounce Token (AUCTION) 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.
Similarly, other altcoins like Theta Fuel (TFUEL) and Stargate Finance (STG) followed this trend. TFUEL‘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, STG 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.
These figures once again highlight the significant impact of fluctuations in South Korea’s cryptocurrency market.
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