Turkish cryptocurrency investors play an important role at the global level. These investors, who are active even in bear markets, draw attention with their high transaction volumes even on holidays. By creating a volume of over 9 billion TL on local stock exchanges, they clearly demonstrate the interest of Turkish investors in cryptocurrencies.
Türkiye and Cryptocurrencies
Türkiye stands out as a country with a large cryptocurrency investor base. A transaction volume of over 9 billion TL is seen in local stock exchanges even on Eid al-Adha. The liquidity of TRY parities in global stock markets is increasing day by day, and the activities of Turkish investors in global stock markets are another factor that supports this liquidity.
Turkish investors show particular interest in speculative altcoins, often turning to meme coins or newly listed assets. Thanks to 21milyon.com, it is possible to instantly follow the data of all local stock exchanges on a single screen and see which altcoins are intensified. This platform provides free service with the logic of Turkey's CoinMarketCap.
Cryptocurrencies Preferred by Turkish Investors
Bitcoin usually remains in the top two positions, even on days when volume is weak. Currently, Tether (USDT) is in first place and due to the fluctuations in Lira, it stands out with a transaction volume of over 1 billion TL. Over the last 30 days, the price fluctuation of USDT against TRY has been higher than Bitcoin; While USDT increased by 3%, BTCTRY increased by nearly 2%.
Ethereum (ETH) is in third place, and PEPE Coin, which is preferred by Turkish investors for speculative trading, is in fourth place. Unlike the global volume ranking, ROSE INU Token stands out with its transaction volume of 287 million TRY. Although this altcoin is not a well-known asset globally, it may have been introduced by some social media influencers who influenced Turkish users.
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So who will benefit?
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I EXPLAIN IN DETAIL.
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Enter the Futures Section from your application,
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WHEN WILL THE AWARD COME?
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