Bubble Maps (BMT) Surges 18.39%... 19.4 Billion Won Poured into Upbit Amidst Bearish Market

On the evening of the 8th, major coins in the domestic virtual asset market all saw slight declines. The largest trading volume was concentrated in Ripple (XRP). Supply and demand were also focused on some small and medium-sized altcoins.

As of November 8th, 8:00 PM KST, Bitcoin (BTC) was trading at 103,502,000 won, down 0.19% from the previous day's closing price (9:00 AM), according to Upbit. Ripple (XRP) fell by 0.57% to 1,583 won, and Ethereum (ETH) fell by 0.36% to 3,050,000 won. Solana (SOL) dropped by 0.81% to 121,700 won, and Dogecoin (DOGE) fell by 1.12% to 96.8 won.

The total 24-hour trading volume in the KRW market was 435.7 billion won. While a wait-and-see attitude persisted without a clear trend, funds were concentrated only on certain assets.

Ripple (XRP) ranked first in trading volume with 39.7 billion won, followed by Tether (USDT) with 22.4 billion won. Bubble Maps (BMT) recorded 19.4 billion won (+18.39%) and Fluent (BLEND) recorded 19.1 billion won (+4.74%), both surpassing Bitcoin (17.6 billion won) and Ethereum (12.2 billion won).

Bubble Maps (BMT) topped the gainers list, rising by 18.39%. Sign (SIGN) followed with 10.08%, Reserve Rights (RSR) with 6.64%, Beam (BEAM) with 6.63%, and Dlive (DRV) with 4.95%.

Among the top decliners were Cyber (CYBER) at -7.29%, Sophon (SOPH) at -6.93%, Geodnet (GEOD) at -5.85%, Metaflex (MPLX) at -5.75%, and Nervos (CKB) at -5.63%. Approximately 83% (249 out of 300) of all assets in the KRW market declined, with only 37 assets rising.

Sophon (SOPH) recorded the second-highest decline (-6.93%) while still attracting a trading volume of 7.5 billion won. It is designated as an investment caution asset, leading to extreme price volatility.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*