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Trends in Altcoin Preferences and Crypto Market Analysis Among Turkish Investors. 🤝🇹🇷 The month of February witnessed remarkable surges in both Bitcoin and altcoins, leaving the market in a state of rapid transformation and sparking curiosity about what March holds. In Turkey, the crypto community comprises a robust population of approximately 10 million investors. Over the last 24 hours, Turkish investors generated a substantial transaction volume of $907,645,326 on domestic exchanges, equivalent to a noteworthy ₺28,461,034,518. According to data from 21milyon.com, SPELL emerged as the most favored altcoin project among Turkish investors, boasting a 24-hour trading volume of $2,240 million. Tether (USDT) secured the second spot with approximately ₺2,108 million in trades, while Bitcoin claimed the third position, capturing attention with its $64,000 price point. Turkish investors are showing significant interest in meme coins and artificial intelligence coins. Meme coins like Shiba Inu, PEPE, BONK, and Dogecoin are experiencing transaction volumes in the billions. Among artificial intelligence coins, FETCH.AI and Luna Classic stand out as preferred projects among Turkish investors. Turkish investors continue to play a strong role in the crypto market. Meme coins and artificial intelligence coins are notably captivating, offering intriguing potential returns. As the market evolves, Turkish investors remain a formidable force, navigating through dynamic trends and seizing opportunities. Source: coin-turk #21milyonCom #TurkeyCrypto #Turkey #SPELL

Trends in Altcoin Preferences and Crypto Market Analysis Among Turkish Investors. 🤝🇹🇷

The month of February witnessed remarkable surges in both Bitcoin and altcoins, leaving the market in a state of rapid transformation and sparking curiosity about what March holds.

In Turkey, the crypto community comprises a robust population of approximately 10 million investors. Over the last 24 hours, Turkish investors generated a substantial transaction volume of $907,645,326 on domestic exchanges, equivalent to a noteworthy ₺28,461,034,518.

According to data from 21milyon.com, SPELL emerged as the most favored altcoin project among Turkish investors, boasting a 24-hour trading volume of $2,240 million. Tether (USDT) secured the second spot with approximately ₺2,108 million in trades, while Bitcoin claimed the third position, capturing attention with its $64,000 price point.

Turkish investors are showing significant interest in meme coins and artificial intelligence coins. Meme coins like Shiba Inu, PEPE, BONK, and Dogecoin are experiencing transaction volumes in the billions. Among artificial intelligence coins, FETCH.AI and Luna Classic stand out as preferred projects among Turkish investors.

Turkish investors continue to play a strong role in the crypto market. Meme coins and artificial intelligence coins are notably captivating, offering intriguing potential returns. As the market evolves, Turkish investors remain a formidable force, navigating through dynamic trends and seizing opportunities.

Source: coin-turk

#21milyonCom #TurkeyCrypto #Turkey #SPELL

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ICBC Report: Bitcoin is 'Digital Gold', Ethereum is 'Digital Oil' 🪙🛢️👀 In a recent report, the Industrial and Commercial Bank of China (ICBC) – the world's leading bank – has placed Bitcoin and Ethereum at the forefront of digital assets, referring to them as "Digital Gold" and "Digital Oil" respectively. 🔹Why 'Digital Gold'? ICBC likens Bitcoin to gold due to its scarcity and the intricate mathematical process behind its creation. While acknowledging Bitcoin's diminishing use as a currency, the report emphasizes its growing value as a store of wealth. Advantages over physical gold include its divisibility, verifiable authenticity, and ease of transfer. 🔹Why 'Digital Oil'? Ethereum is crowned "Digital Oil" for its role in fueling the digital economy. Its strengths lie in security, scalability, and sustainability. The flexible architecture, powered by the Solidity programming language and the Ethereum Virtual Machine, enables a wide range of applications. Despite current hurdles, Ethereum's potential in infrastructure projects, beyond DeFi and NFTs, is highlighted, with ICBC anticipating further technological progress. 🔹Market Demand Fuels Digital Asset Innovation The report emphasizes a clear market demand for ongoing innovation in the digital asset space, with both Bitcoin and Ethereum establishing themselves as foundational elements. The current market shows Bitcoin trading at $66,450, a 5% decrease in the past 24 hours, while Ethereum is at $3,500, down over 6% for the day. The ICBC report signals a significant recognition of Bitcoin and Ethereum's importance in the global financial landscape. It remains to be seen how this report will influence future developments and investments in the digital asset space. #bitcoin #BTC #ETH #ethereum #ICBC
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