Bitcoin and the cryptocurrency market are currently experiencing a period that keeps smiles on our faces. At this stage, we are both excited and surprised by Bitcoin‘s price reaching a record high of $72,800, especially since it’s an early peak before the anticipated halving. Meanwhile, we remain cautious even as the price hits its peak. I have prepared data on which cryptocurrencies Turks have been trading in the last 24 hours based on information from 21milyon.com. Here are the results.
Turks Mostly Traded AMP, FLOKI, Tether (USDT), and Ripple (XRP)
Looking at the total trading volume in the last 24 hours, we see a volume of $1.3 billion. This figure, especially being over $1 billion, indicates the appetite of Turkish investors. The reason for such a high volume is, of course, the recent price increases.
Turks have particularly created a trading volume of 5.57 billion TL in the cryptocurrency named AMP in the last 24 hours. It’s worth noting that AMP, which tops the list, has seen increases of up to 220% today. This surge is also reflected in the trading volume.
In second place is the meme coin FLOKI. FLOKI has made its investors happy with an 8x increase over the last month. Turks have generated a volume of 3.5 billion TL in FLOKI. The trading volume for the third-place stablecoin Tether (USDT) is at 3.2 billion TL. Ripple (XRP) is in fourth place, with Turkish investors creating a volume of 2.7 billion TL as Ripple rose above $0.7 and saw an increase of 9%.
Bitcoin in Sixth Place! XCN, AVAX, PEPE, Shiba Inu, and Ethereum Trading Volumes
The fifth spot on the list is occupied by XCN coin. The trading volume for Chain coin is at 2.34 billion TL. While Bitcoin prices were breaking records yesterday, BTC is currently in the sixth position among the most traded cryptocurrencies by Turks, with a trading volume of 2.22 billion TL.
In seventh place is AVAX. AVAX experienced a price increase of about 20% yesterday. We see that the trading volume for AVAX is at 1.4 billion TL. In the eighth spot is the meme coin PEPE. The trading volume for PEPE is just above the 1.3 billion dollar mark.
In ninth place is Shiba Inu. SHIB is a meme coin that has seen an increase of 265% over the last month. The trading volume for Shiba Inu is 1.09 billion TL. Finally, in the tenth position is the leader of altcoins, Ethereum. The trading volume for ETH is at 825 million TL.
