It has been seen that the cryptocurrency market has recovered in the last 24 hours. Altcoin projects are mostly in the green as Bitcoin tests $42,000. This past week has been a bit of a rollercoaster in terms of price movement, as Bitcoin’s decline caused fluctuations throughout the entire market. But now the primary cryptocurrency is attempting a recovery that has also treated altcoins well, with most of them rising on the chart in the last 24 hours.
Those altcoin projects attracted attention in Turkey
Meanwhile, CoinGecko cryptokoin.com According to the information shared with , investors in Turkey focused on some altcoins. The cryptocurrency market is trying to recover after the declines in recent weeks. In this process, interest in cryptocurrencies continues to increase in Turkey. According to CoinGecko data, the most searched cryptocurrencies in Turkey between January 20-26 were listed as follows:
- Rainbow Token (RAINBOW)
- babybonk
- Baby Grok
- korra
- Bitcoin (BTC)
- SL Benfica Fan Token
- Manta Network (MANTA)
- AltLayer (ALT)
- Uma (UMA)
- Arbitrum (ARB)
Meme coins came to the fore
Among the most searched cryptocurrencies in Turkey, meme coins also attract attention. Rainbow Token and BabyBonk were the most searched meme coins this week. While Rainbow Token gained over 100% in value in the last week, BabyBonk gained nearly 50% in value. Rainbow token is a project initiated by the Rainbow Foundation, a non-profit organization based in Switzerland. The Foundation’s mission is to create a universal and stable currency that can be used for any transaction, anywhere in the world, without any intermediaries or fees.
On the other hand, Baby Grok entered the list of the most searched cryptocurrencies in Turkey this week. Although the project is still a new project, it managed to attract attention in a short time. Baby Grok is described as a meme coin. The project offers users the opportunity to earn GROK tokens by playing games. Bitcoin continues to lead the list of most searched cryptocurrencies. Bitcoin has gained over 10% in value in the last week. Bitcoin continues to dominate the global cryptocurrency market. Korra, SL Benfica Fan Token, Manta Network, AltLayer, Uma and Arbitrum were the other most searched cryptocurrencies in Turkey this week. These cryptocurrencies belong to projects operating in different fields.
Korra is a metaverse project. The project offers users the opportunity to live in a virtual world. SL Benfica Fan Token is the fan token of Portugal’s famous football club SL Benfica. Manta Network is a privacy-focused Blockchain project. AltLayer is a Blockchain project that provides Layer-2 solutions. Uma is a decentralized finance (DeFi) protocol. Arbitrum is a Layer-2 solution that tries to solve Ethereum’s scalability problem.
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