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COINTURK NEWS > Cryptocurrency News > Turkish Cryptocurrency Investors Show Interest in Specific Altcoins
Cryptocurrency News

Turkish Cryptocurrency Investors Show Interest in Specific Altcoins

In Brief

  • Turkish traders face low trading volumes during year-end holidays.

  • Local exchanges show varying interests in altcoins driven by volatility.

  • 21milyon.com provides real-time updates on cryptocurrency volumes and prices.

Ömer Ergin
Ömer Ergin 5 months ago
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On December 25, cryptocurrency traders in Turkey are experiencing low trading volumes due to the year-end holiday. While Bitcoin $103,022‘s price hovering around $98,500 is relatively positive, ongoing closures below six-digit prices remain concerning. This raises the question: which altcoins are Turkish cryptocurrency investors focusing on today? Where does DOGE rank on the list?

Contents
Cryptocurrencies Purchased by TurksTop 10 Most Interested Cryptocurrencies

Cryptocurrencies Purchased by Turks

It is possible to gauge interest in local Turkish cryptocurrency exchanges by following real-time volume data. There are two methods to achieve this. One can either continuously visit exchanges to gather volume data and compare them individually, which would take dozens of hours, or follow live updates on 21milyon.com.

21milyon.com aggregates volume and price data from all local exchanges and shares current figures with visitors. This way, you can see which altcoins Turkish cryptocurrency investors are showing more interest in on local exchanges.

Top 10 Most Interested Cryptocurrencies

Turkish cryptocurrency investors are highly sensitive to volatility, resulting in rankings that differ from global exchange volume rankings. For instance, an altcoin not in the top 100 globally may enter the top 10 in local exchanges due to Turkish investors’ interest, likely because of its high volatility.

According to data from 21milyon.com, the most popular altcoins at the time of writing are listed above. The volume on local exchanges exceeds 19 billion TL, with BTC, USDT, and PEPE in the top three. XRP Coin has surged recently, likely due to increased volatility, making it a popular choice among Turkish investors.

LPT also features in the top 10, reflecting the interest shown by Turkish investors based on the past week’s performance.

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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Ömer Ergin 25 December, 2024 - 11:14 pm 25 December, 2024 - 11:14 pm
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