The Bitcoin and altcoin markets experienced eventful days during the week of December 14-20, 2024. Let's take a look at the cryptocurrencies that attracted the attention of investors both globally and in the Turkish market. Here are the notable developments and details throughout the week...
Which Altcoins Stand Out Globally?
In global markets, NFT collection Pudgy Penguins attracted attention this week. Pudgy Penguins attracted great attention by being listed on Binance Futures. In the DeFi field, Hyperliquid and Virtuals Protocol were prominent projects. In particular, Virtuals Protocol's sub-project "aixbt by Virtuals" was also on the list. In the meme coin world, projects such as Own The Doge and Goatseus Maximus created the agenda. In addition, well-established projects Sui, Ondo, Ethena and Solana maintained their popularity. Bitcoin and Ethereum are at the top as always. However, another point to note is that most cryptocurrencies on this list came to the fore with Binance Alpha announcements. The global list is listed as follows:
Pudgy Penguins
Hyperliquid
Virtual Protocol
Own The Doge
Old
On
Okay
Ethena
Solana
Usual
Ethereum
Bitcoin
Simon’s Cat
Magic Eden
XRP
Phantom
Bluefin
Fuel Network
Baby
Chainlink
Supra
aixbt by Virtuals
Aerodrome Finance
Ghost
ai16z
Beam
Grass
Bittensor
Goatseus Maximus
MANEKI
Which Cryptos Are Popular in Turkey?
In Turkey, it seems that the meme coin craze continues. "Pepe Unchained" was among the popular projects this week. In addition, "Plankton in Pain", a project with interesting names, was also on the list. It was observed that Pi Network is still popular in Turkey and projects such as Vestra DAO are also drawing attention. Projects such as Bitcoin, Dogecoin, Vana, Pudgy Penguins and Ethena, which are on the global list, are also attracting great interest in Turkey. The popular projects on the Turkey list are listed as follows:
Pepe Unchained
Plankton in Pain
Pi Network
Bitcoin
Your DAO
Dogecoin
Old
Pudgy Penguins
Ethena
Baby
What Happened in the Market Over the Weekend?
As the week of December 14-20 came to an end, Bitcoin’s price movements attracted attention. On Tuesday, BTC’s price rose from $101,000 to $108,000, reaching an all-time high. However, things took a turn for the worse after the US FOMC meeting on Wednesday, and Bitcoin fell to $92,000 on Friday. Thus, Bitcoin lost about $16,000 in just 72 hours. However, the bulls managed to stop this decline, and BTC rose to $95,000. On Saturday morning, the upward movement continued, and Bitcoin jumped to $99,600. However, Bitcoin was still down 2% during the day. While the market value is struggling to stay above $1.9 trillion, many altcoins suffered more losses. This movement is urging investors to be careful, experts emphasize that meme coins have high volatility and sudden ups and downs can occur.