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

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

Release: 2024/11/06 19:04 Reading: 818

Original author：Bitcoin Sistemi EN

Original source：https://coinmarketcap.com/community/articles/672b4649dacddf0dd9402295

Dogecoin Soars Following Trump Victory and Elon Musk's Endorsement

After Donald Trump's triumph in the US presidential election, Bitcoin and other altcoins experienced a surge in value, with Bitcoin reaching a new all-time high. Dogecoin (DOGE), however, witnessed a particularly significant increase due to Elon Musk's support for Trump.

Over the past 24 hours, DOGE has skyrocketed by 20%, surpassing $0.2. This price spike was accompanied by record trading volume on Upbit, South Korea's leading cryptocurrency exchange.

DOGE transaction volume on Upbit exceeded a staggering 2 trillion KRW, surpassing Bitcoin's volume during the same period.

Although DOGE's trading volume has since decreased to 1.46 trillion KRW, it remains ahead of Bitcoin. BTC ranks second with a trading volume of 1.12 trillion KRW, followed by DOGE, Solana (SOL), Shiba Inu (SHIB), and XRP.

Disclaimer: This information should not be construed as investment advice.

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