[Korea crypto watch] BNB takes 0.63% of overseas trading but just 0.02% in Korea

PIEVERSE’s share of Korean trading was 49.3 times its overseas share, while XRP accounted for 14.72% of domestic turnover. ONDO and WLD also showed substantial Korean concentration, although PIEVERSE traded at a discount domestically. PIEVERSE had the widest domestic-to-overseas trading-share gap in the sample. Its greater concentration in Korea did not translate into a price premium: the token’s Korean price was 0.29% below its overseas price. In the November 10 snapshot, XRP led the domestic interest index with 87 points and a 14.72% share of Korean trading. ONDO ranked second with 85.8 points, followed by HYPE with 80.2. Their domestic trading shares were 2.14% and 14.89%, respectively. Domestic turnover over 24 hours reached 185.84 billion won for XRP, 27.00 billion won for ONDO and 188.00 billion won for HYPE.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.