Trump Wins, South Koreans Flock to This Altcoin! It Left Bitcoin (BTC) and All Other Altcoins Behind!

Bitget App

Trade smarter

Bitget

News

Bitcoinsistemi2024/11/06 12:11

By:Elif Azra Güven

Dogecoin trading volume broke a record on South Korea's largest exchange Upbit, surpassing Bitcoin.

Donald Trump's victory in the US presidential election sent Bitcoin and altcoins soaring, while a new ATH was reached in BTC.

However, Elon Musk's support for Trump and Trump's victory brought a huge rise for Dogecoin (DOGE).

DOGE has increased by 20% in the last 24 hours and exceeded $0.2. This increase in the price of DOGE was also reflected in the trading volume, and DOGE trading volume broke a record on Upbit, South Korea's largest exchange.

Accordingly, DOGE transaction volume exceeded 2 trillion KRW on Upbit, leaving behind the leading cryptocurrency Bitcoin with this figure.

According to the data, Dogecoin trading volume dropped to 1.46 trillion KRW, but is still ahead of BTC.

Bitcoin ranked second with a trading volume of 1.12 trillion KRW, followed by DOGE and BTC, Solana (SOL), Shiba Inu (SHIB), and XRP.

Trump Wins, South Koreans Flock to This Altcoin! It Left Bitcoin (BTC) and All Other Altcoins Behind! image 0

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14