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Traders of Monero were surprised yesterday when the trading volume of Monero spiked up by 500% in a span of only 72 hours. Coinmarketcap analysis attributed Monero’s jump to the Korean Won citing the immense popularity of Bithumb Monero in South Korea.
Yes, a lot of crypto buffs were shocked when the trading volume of Monero increased by 500% in just three days. The increase was caused when Coinmarketcap.com decided to list the trading volume of Bithumb. Bithumb is one of the most popular currency trading platforms in Korea.