TechFlow reported, according to Block Media, that South Korean virtual asset exchange Upbit announced it will host two "Top 5 Trading Volume" events within three days to commemorate the listing of the new digital asset TAIKO. With a total prize pool of 300,000 TAIKO (approximately $900,000) as of June 6 Korea time, this marks Upbit's first large-scale collaborative event with a cryptocurrency project.
During the event, the top five members trading TAIKO in Upbit’s KRW, BTC, and USD T markets in each period will receive rewards, and participants may win multiple times across different periods.
As of the day before the event commenced, TAIKO’s trading volume on Upbit had already surpassed both Bitcoin (BTC) and Ethereum (ETH), ranking first on the exchange and accounting for 20.5% of Upbit’s total daily trading volume.
