The cryptocurrency market continues to draw the attention of Turkish investors. Particularly since the rally that began in 2021, the popularity of crypto projects in the country has been steadily increasing. So, what are the top 10 crypto projects that Turkish investors have shown interest in over the last 24 hours? We are examining this with the data from 21milyon.com.
What Happened in the Last 24 Hours?
According to data from the analysis platform 21milyon.com, the total transaction volume of cryptocurrency exchanges operating in our country in the last 24 hours was worth 362 million dollars and over 11 billion Turkish Lira. The crypto asset with the most transactions by Turkish investors was Tether, with 1.2 billion Turkish Lira.
In second place comes Bitcoin with 1.05 billion Turkish Lira. Tether is preferred by Turkish investors as one of the easiest ways to buy dollars, which shows that Bitcoin is the most popular crypto asset among Turks.
Recently gaining significant interest and having risen nearly 400% since the last quarter of 2023, Solana appears as the third crypto asset followed by Turkish investors. Solana’s transaction volume in the last 24 hours was 718 million Turkish Lira.
Turkish Investors and the Cryptocurrency Market
A notable altcoin in the 21milyon.com data is the fan token BENFICA, which was listed today. Offered to investors by Socios, the fan token has garnered significant interest from Turkish investments, ranking fourth on the list, with BENFICA’s transaction volume in the last 24 hours reaching 485 million Turkish Lira, surpassing Ethereum.
The remaining crypto assets on the list include APE, Chiliz, Avalanche, ENS, and Render. These altcoins have been frequently discussed in crypto communities recently. ENS and Chiliz, which have gained significant momentum recently, are among the notable crypto assets on the list.
These data clearly show that Turkish investors are focusing on crypto assets that are gaining momentum, and this situation indicates that various factors, including social media platform X, have influenced Turkish investors in terms of cryptocurrency investments.
