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Crypto currency market is showing signs of recovery after the pause in Bitcoin‘s (BTC) rally. The fact that the largest cryptocurrency has rebounded above $43,000 after pulling back to $41,600 is a strong indicator of this recovery. Along with this recovery, a sense of relief has also emerged in the altcoin market, and investors have resumed their research and investments in cryptocurrencies. The transactions resulting from these researches are increasing the volumes of cryptocurrencies in Turkey, just as they are around the world. So, which cryptocurrencies are Turkish investors most interested in? Here are the cryptocurrencies that Turks are most interested in according to the trading volume data provided by 21milyon.com.
Turks Show Greatest Interest in These Cryptocurrencies
Since the last quarter of the year, the decline in fear and anxiety in the crypto currency market has pushed investors to the positive side. This situation indicates that investors’ appetite for risk has started to increase again. As a result, investors have begun to show interest in digital assets beyond Bitcoin, especially in altcoins.
According to the data provided by 21milyon.com, which is included in the “Cryptocurrencies Traded in Turkey” list, the highest trading volume on local cryptocurrency exchanges unsurprisingly features the largest stablecoin, Tether (USDT). The data shows that Turkish investors have generated a volume of 1.65 billion lira in USDT transactions in the last 24 hours. In second place is the largest cryptocurrency, Bitcoin. According to the data, BTC has produced a volume of 1.02 billion lira in the last 24 hours.
In the third place on the list is Solana (SOL) with a volume of 1 billion lira, followed by the first memecoin issued on the Solana ecosystem, Bonk (BONK), with a volume of 815 million lira. The rest of the list includes Sei (SEI) with 649.66 million lira, Avalanche (AVAX) with 613.8 million lira, Polygon (MATIC) with 481.30 million lira, Skale Network (SKL) with 459.51 million lira, Render (RNDR) with 433.88 million lira, and the largest altcoin, Ethereum (ETH), with 384.88 million lira.
What is 21milyon.com and What Does It Do?
Turkey is one of the countries with the most intense interest in cryptocurrencies. So much so that it is thought that the crypto currency market has recently become one of the most significant competitors to the Istanbul Stock Exchange (BIST). This situation highlights the importance of tracking the transactions carried out by Turkish investors.
At this point, 21milyon.com stands out as an important crypto data platform, offering Turkish crypto currency investors a comprehensive and straightforward collection of data such as trading volume, prices, and price changes of local cryptocurrencies and exchanges under one roof.
21milyon.com hosts many important data flows, including “Cryptocurrencies Traded in Turkey” and “Turkish Crypto Currency Exchanges Daily Trading Volume Chart”. The use of 21milyon.com is completely free and it also provides a “News” section that allows for the real-time tracking of crypto currency developments from local sources.
