[Coin Scan] Dogecoin Rising, Bitcoin Buying Trend Clear… Checking the Top and Bottom 5 Domestic Cryptocurrencies

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As of 3 PM on the 11th, the domestic cryptocurrency market shows a mixed trend of rising and falling assets, with strong buying pressure concentrated on specific tokens. The price fluctuations and trading volume of major tokens clearly indicate investor interest.

Looking at the top net purchases, buying pressure for BTC was strongly confirmed on both Upbit and Bithumb exchanges. On Bithumb, USDT also recorded significant net purchase amounts, indicating stable demand. Additionally, buying interest in WorldCoin (WLD) was notable on Bithumb, while VIRTUAL ranked among the top five on Upbit. According to Bonanza Lab data, this dispersed buying pressure suggests that preferences for major assets are being maintained among investors.

The token with the highest rise was NPT, which surged on Coinone and stimulated investor expectations. Following that, GEOD and OLAS showed significant increases on their respective exchanges, and NFP also drew attention with a strong upward trend on Coinone. The fact that most top risers occurred on relatively smaller exchanges suggests capital inflows centered on individual tokens.

Among declining tokens, LIT recorded a significant drop on Coinone, leading the downward trend. ZKL and VOLT also ranked high in decline on Coinone, while mid-to-small tokens like MBX and WAXL led the downturn on Coinbit. This indicates instability centered on some altcoins, independent of the overall market sentiment.

In terms of trading volume, Doge recorded the most active trading on Upbit, followed by XRP, MOVE, and ETH. On Bithumb, XRP also maintained high trading volume, suggesting continued liquidity. Trading volume is primarily concentrated on major coins, reflecting a stable trend.

Currently, while the market shows an overall mixed trend, clear buying pressure on BTC and stablecoins is evident, with a tendency for funds to concentrate on specific tokens. Rather than chasing rapidly rising mid-to-small coins, a stable strategy focusing on major tokens with solid fundamentals is required.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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