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.
*This is not investment advice.
Read the full article here
