It is a common behavior for millions of cryptocurrency investors in the country to closely follow the developments in the market. Recently, investments made by users in Turkey, which are closely monitored by many exchanges, continue to attract great interest. While there is a noticeable increase in the number of transactions in the TRY parity, which cryptocurrencies were the most preferred in Turkish exchanges in the last 24 hours?
How to Find Altcoins Traded by Turks?
Interest in cryptocurrencies always shifts to different projects. Nevertheless, USDT, due to its role as a trading intermediary, and BTC, being at the peak of cryptocurrencies, have always found a place in the top 10.
Apart from these two, the rest of the projects on the list have achieved large volumes due to their frequent discussions among Turkish investors.
Last week, the uncertainty and decline in the market gave way to a rise mid-week. Consequently, some classes of cryptocurrencies were observed to quickly rise again.
There are two different ways to follow the interest investors have in these cryptocurrencies. Some investors prefer to constantly monitor the order books of local exchanges on 3-4 different monitors and strive to obtain the correct result by summing up the volumes realized.
Secondly, and perhaps a much easier method, is clearly visiting 21milyon.com. 21milyon.com gathers the desired data for investors, and the same investors can easily follow the volume situation in local exchanges by visiting the website.
Investors can not only see the volumes, which exchanges they occurred on, which altcoin they belong to, the prices, and all other details but also follow the news flow from within the site.
Top Traded Altcoins in the Last 24 Hours
According to data provided by 21milyon.com, the transaction volume in local exchanges over the last 24 hours was 404,464,407.40 dollars, which is 13,099,793,227.00 TL.
At the top of the list was the dollar-pegged stablecoin Tether, which could be interpreted as Turkish investors accumulating Tether with the intention of investing heavily.
In second place was the undisputed leader of the markets, Bitcoin. Bitcoin’s 24-hour trading volume was over 1,347 billion TL.
Looking at the list, a dominance of Meme coins is noticeable. PEPE, BONK, and FLOKI, which made a mark in the last year, are in the 3rd, 4th, and 5th places. They are followed by LUNC, 2022’s biggest flop, and XPR, perhaps the biggest target of the SEC.
AI-focused projects also do not go unnoticed in the continuation of the list, revealing that Turkish investors are making AI token-focused investments in anticipation of a potential bull run.
The list shared above meets investors in real-time on the 21milyon.com website. You can also access this information by visiting the 21milyon.com site.
