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COINTURK NEWS > Cryptocurrency News > Turkish Crypto Investors Favor New Altcoins
Cryptocurrency News

Turkish Crypto Investors Favor New Altcoins

In Brief

  • Turkish investors favor new altcoins for quick gains.

  • 21milyon.com tracks local exchange volumes.

  • Today's volume on Turkish exchanges exceeds 9 billion TL.

COINTURK NEWS
COINTURK NEWS 10 months ago
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In the global cryptocurrency ecosystem, Turkish crypto investors hold a very important place, and monitoring this can be beneficial. In today’s article, we will look at which altcoins are more popular among Turkish investors and the favorites of the day. Moreover, there is an easy way to track this data live.

Contents
Cryptocurrencies Loved by TurksComplete List of Altcoins

Cryptocurrencies Loved by Turks

The most traded assets are usually the most loved ones. We can clearly see this when we open the CMC screen and look at the daily volume ranking. However, it is not possible to monitor this for Turkish crypto investors on CMC. This is where 21milyon.com comes to our aid.

This platform, which only monitors Turkish exchanges, shows us for free which local exchange lists which altcoin and the total volume of all altcoins. We can even follow the latest developments in the news section.

When we log in to 21milyon.com and enter the cryptocurrency section, all altcoins are listed according to volume ranking. You will immediately notice that it is different from the volume ranking on global exchanges because these figures only come from local exchanges where Turkish investors trade.

So, you can clearly see the assets where Turkish investors diverge from the global trend. Tether usually takes its place in the top 3, and BTC can sometimes drop to the 4th or 5th positions in volume. Turkish investors tend to show more interest in new altcoins that can provide quick gains.

Complete List of Altcoins

Today’s total volume on Turkey-based exchanges alone is over 9 billion TL. However, when we look globally, the Binance exchange continuously opens TRY pairs alongside USD stablecoins for newly listed altcoins. So, the volume of Turkish crypto investors on global exchanges is far beyond this daily total volume of 9 billion TL.

The list according to volume ranking is as follows:

  • Bitcoin
  • SYN (Newly Listed)
  • TETHER
  • PEPE
  • ETH
  • AMP
  • SOLANA
  • ALT (Another newly listed altcoin)
  • BONK
  • Ripple

There is a special interest in newly listed altcoins here. Expecting high volatility, Turkish investors have been trading SYN and ALT for a while.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 17 August, 2024 - 7:36 pm 17 August, 2024 - 7:36 pm
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