Address
5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
It appears that both top investors and retail investors on the Coinone exchange are heavily focused on Ripple (XRP). As of January 31, the most purchased cryptocurrency in the past 24 hours among the top 100 high-volume traders, based on monthly average trading volume, was Ripple. It was followed by Solana, Tether, Ethereum, and Dogecoin.
Retail investors’ interest also aligns with this trend. In the past four hours, Ripple ranked first in search volume, with Bitcoin and OfficialTrump securing the second and third spots, respectively. The total market capitalization of the cryptocurrency market currently stands at KRW 5,172 trillion, with Bitcoin’s market dominance at 58.12%. Notably, the “Kimchi Premium,” which reflects the price difference of Bitcoin between domestic and international exchanges, is at 4.30%.
Coinone has recently listed new cryptocurrencies, including AnimocaCoin, OfficialTrump, and UXLink. Meanwhile, Worldcoin, Ethereum, and Shiba Inu are among the top assets drawing investor attention.
The trading patterns of large investors can serve as a key indicator of market trends. The strong buying activity of whales in Ripple is particularly noteworthy, especially as retail investors are showing a similar level of interest. Given these movements, investors should closely monitor market dynamics.
Read More : ‘Proof of Human’ in the age of AI