Ifeanyi Jesse 
CoinMarketCap says that 20% of the trades on South Korea’s largest exchange, Upbit, are made with XRP. Upbit does more than $1.1 billion worth of business daily, and XRP makes up more than $221,3 million. That is twice as much as the second-placed cryptocurrency, Bitcoin (BTC), and almost ten times as much as Ethereum (ETH).
Since the end of last week, South Korean cryptocurrency platforms have been strangely trading XRP. This started a few days after the price increased by more than 25% in a few hours on March 21. What’s fascinating is that most cryptocurrency exchanges here are done with the South Korean won, the country’s currency (KRW).
Even if the cryptocurrency market as a whole lost value after the week, it was doing better than it. At that time, it was found that more than 30% of the volume on Upbit and Bithumb was made up of XRP deals, which was the same as roughly $350 million.
But XRP is still doing better than the rest of the crypto market today. Currently, the token is worth 5% more than ETH and 4.2% more than BTC. Despite this, the token is still the most profitable coin of the last seven days. It is not only in the top 10 but also in the top 100 by market capitalization.
