"Ripple's XRP Has Found Some Tough Competition with Leading Memecoin Dogecoin (DOGE) in South Korea"

"As per the latest news, XRP has just surpassed Tether to become the 03rd most-valued cryptocurrency with a market capitalization of $151.29 billion."

In the rapidly evolving cryptocurrency landscape, Ripple’s XRP has encountered some tough competition from leading memecoin Dogecoin (DOGE) in South Korea after dominating the market for so long.

In the rapidly evolving cryptocurrency landscape, Ripple’s XRP has encountered some tough competition from leading memecoin Dogecoin (DOGE) in South Korea after dominating the market for so long.

According to the latest data from Upbit, a leading cryptocurrency exchange in South Korea, DOGE has outpaced XRP in the retail trading volume.

As per the latest updates, the total volume of crypto tokens traded by retail investors on Upbit comes in at $578 million. Of this, nearly 52% is contributed by memecoin Dogecoin, which is used by a large part of the investing community.

On the other hand, Ripple’s XRP token is closely followed by investors in the country, with the token recording $278 million in trading volume during the same period.

On the other hand, Ripple’s XRP token is closely followed by investors in the country, with the token recording $278 million in trading volume during the same period.

However, despite the fact that DOGE has pulled ahead in the retail trading volume, it is still behind BTC in terms of the overall trading volume on Upbit. As per reports, BTC records a trading volume of $364 million during the same period.

The latest figures from the cryptocurrency exchange show that the flagship cryptocurrency is still a hot favorite among traders, with BTC futures contracts recording a trading volume of $364 million. After BTC comes memecoin DOGE, with $300 million in trading volume for the token and its futures contracts.

Close behind is altcoin token XRP, which is used by a large part of the investing community in the country. The altcoin token manages to pull in $278 million in trading volume during the same period.

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