Investors in Turkey, which has one of the most active markets in terms of Bitcoin and altcoins, seem to have renewed their interest with the slight acceleration in prices recently. During the past week, especially 9 altcoins were among the most searched cryptocurrencies by investors in Turkey. Here are the details and data…
These altcoins attracted attention in Turkey
Cryptocurrencies finished January with an overall bullish run. In recent days, the market has been flat. Nevertheless, the positive start to 2023 attracted the attention of many investors. Investors in Turkey continue to be active in the field. Turkish investors have researched 9 altcoins between January 27 and February 3. Popular data analytics platform CoinGecko cryptocoin.com According to the information shared with Flare (FLR) last week, it was the coin that attracted the most attention. As it is known, FLR started to be distributed by airdrop to wallets holding Ripple’s XRP coin at the end of two years.
After FLR, the most notable altcoin seems to be Floki Inu (FLOKI). Floki recently held a vote on burning a certain amount of FLOKI tokens. As a result of the voting, it was decided to burn about 4.9 trillion coins. This triggered a bullish sentiment in the overall market and caused price movements. For this reason, FLOKI seems to be one of the most researched coins by investors in Turkey. It should also be noted that FLOKI has gained over 100 percent in value over the past week. In other words, FLOKI was the cryptocurrency that rose the most on a weekly basis in this list.
While the third Pi Network is on the list, Bitcoin (BTC) stands out as the fourth. It is not surprising that Bitcoin, the largest cryptocurrency by market capitalization, is on the list. After BTC, investors in Turkey seem to have researched Shiba Inu (SHIB) and Neblio (NBL). The GST token of STEPN, a walking app after NBL, is in seventh place. Following these, coins such as Aleph Zero, Terra Luna Classic and Oraichain are among the most researched.
There have been significant developments in the field of crypto in our country.
Turkey has been aware of crypto since the first Bitcoin (BTC) peak in December 2017. Inflation has been driving crypto adoption in recent years. This makes Turkey one of the most popular markets for cryptocurrencies. State officials are also responding to increased adoption. As we reported as Kriptokoin.com, in 2022, our country started to explore the metaverse, introduced a bill to regulate cryptocurrencies and completed the first CBDC testing process.
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