We are leaving behind another week where the market tried to recover after the FTX crisis. During this week, Bitcoin managed to rise above the $17,000 level again. Ethereum, on the other hand, is trading at the border of $ 1,300. Meanwhile, Dogecoin (DOGE), the largest meme coin, rose over 10 percent on a weekly basis. However, it seems that there are other altcoins in the focus of investors in Turkey. Here are the details…
Investors in Turkey are researching these coins instead of Dogecoin
CoinGecko, one of the crypto currency data platforms, listed the most researched/searched cryptocurrencies in Turkey during the past week. cryptocoin.com shared with. According to the aforementioned list, Shiba Inu (SHIB) is the most sought after in Turkey. As it is known, SHIB is the biggest meme coin after DOGE. Currently, SHIB ranks 15th with a market cap of $5.4 billion. DOGE’s market value is around $13.7 billion.
Another coin most sought after by investors in Turkey was FLOKI. FLOKI is also among the biggest meme coins. On the other hand, SONM (SONM) has become one of the most curious coins. SONM has been on the agenda with its sharp rise in the past weeks. However, its steep rise seems to have left its place to a sharp fall. SONM lost almost 20 percent in value over the seven-day period.
Among the most sought after coins in SOL
On the other hand, the fourth most sought-after coin in Turkey was the Green Satoshi Token (GST). GST is the management token of the move-to-earn application STEPN. The list also consists of Clover Finance (CLV), Hacken (HAI), Baby Doge Coin (BABYDOGE), Hamster (HAM), Solana (SOL), and VIDT DAO (VIDT).
These cryptocurrencies Solana (SOL) became one of the coins that had the biggest problem after the FTX crisis. As it is known, it turned out that SOL is in the reserves of FTX and Alameda Research. This caused investors to sell the cryptocurrency. Because it was thought that FTX could also sell SOL in case of bankruptcy, which would further decrease its value.
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