As of 0:30 AM, the domestic cryptocurrency market shows a mixed trend with both rising and falling patterns. Some cryptocurrencies demonstrated strong buying pressure, with notable concentration of trading volume on specific tokens.
According to Bonanza Lab data, Tether (USDT) topped the net buying list on both Upbit and Bithumb exchanges, attracting significant capital inflow. Following that, XRP showed strong buying momentum on both exchanges, while Solana (SOL) recorded notable net buying on Upbit, reflecting market interest.
Among top-performing cryptocurrencies, FLOCK traded on Bithumb particularly stood out. It led the bullish market with a high growth rate and was the only cryptocurrency in the top ranks on the Bithumb market. Overall, Coinone market saw significant surges, while individual token strengths were also captured on Bithumb.
In contrast, ZRC on Bithumb showed the largest decline among top-falling cryptocurrencies, demonstrating a clear downward trend. The token experienced significant selling pressure amid sudden investment sentiment contraction, stimulating investor caution. While most declining tokens were on Coinone, some short-term correction was also observed on Bithumb.
In terms of trading volume, SOPH on Upbit was notably prominent, recording the highest trading volume and establishing itself as a market leader. Following SOPH were XRP, XEM, BTC, and ETH, with traditional strong cryptocurrencies driving trading volume.
The market currently shows distinct buying pressure centered on specific tokens, with capital concentration on Tether and XRP interpreted as a defensive investment strategy. Particularly, the simultaneous existence of high-rising and high-falling tokens amid high volatility requires cautious investment approaches. A stable strategy considering trading volume and supply-demand flow is preferable over excessive chasing.
| Cryptocurrency | Price | Rate of Change | Exchange |
|---|---|---|---|
| FLOCK | 367.0 | 32.01% | Bithumb |
| BNT | 1210.0 | 35.95% | Coinone |
| PUFFER | 354.0 | 33.78% | Coinone |
| VOLT | 0.00040 | 33.33% | Coinone |
| AERO | 865.1 | 26.16% | Cobit |
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