The bitcoin and altcoin market hasn’t started off well this week. Bitcoin, the largest cryptocurrency, changes hands at around $28,500. Meanwhile, investors in Turkey seem to be focusing on different coins. Here are the details…
While Bitcoin was falling, some altcoins attracted the attention of Turks
Last week, Bitcoin traded in the $27,000 to $30,000 range. Especially the First Republic problems had an impact on the cryptocurrency market. BTC rushed to $ 30,000 in the middle of last week, after the bank published claims that it was having problems. However, the bears stopped this move and did not allow further increases. On the contrary, BTC pulled back several hundred dollars and calmed down just above $29,000.
The asset once again rallied towards $30,000 and so the landscape changed on Sunday. But the subsequent refusal drove him down hard. In a matter of hours, BTC lost almost two thousand dollars and dropped to $ 28,300. As of now, it stands several hundred dollars above this level. However, it is still down 2.3 percent on the day and is trading below $29,000. Its market cap has dropped to $550 billion and its dominance over altcoins has dropped slightly to 46.9 percent in CMC.
However, data platform CoinGecko cryptocoin.com According to the statistics he shared with Turkey, there were other cryptocurrencies in the focus of investors in Turkey. From April 22 to April 28, Turkish investors were busy researching promising cryptos to invest in. According to the data of the leading cryptocurrency tracking site CoinGecko, a few of the most sought-after coins in Turkey during this period stood out from the others.
What is on the CoinGecko list?
At the top of the list was A Hunters Dream (CAW), a relatively new coin. A Hunters Dream is a decentralized financial payment network that rebuilds the traditional payment stack on the Blockchain. Velodrome Finance took second place. Velodrome is an AMM with a centralized trading and liquidity marketplace on Optimism Network. It is the next evolution of the Solidly Exchange model introduced by Andrew Cronje.
Third on the list is FLOKI, a coin inspired by the name of Elon Musk’s Shiba Inu dog. Baby Doge Coin, a clone of the popular Dogecoin, ranked fourth on the list. Baby Doge has gained a significant following thanks to its cute and cuddly brand, as well as its commitment to supporting animal charities. In fifth place was Optimus AI, a coin that leverages artificial intelligence and machine learning to help investors make better investment decisions.
Optimus AI uses advanced algorithms to analyze market trends and provide insights to traders. This makes it a popular choice among traders looking to improve their trading strategy. Zig Zag was ranked sixth on the list. Despite the popularity of these promising coins, Bitcoin still managed to enter the list at number seven. Bitcoin has been the dominant cryptocurrency since its inception in 2009. At the bottom of the list were Radix, Retreeb and Pi Network.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.