Investors in Turkey are very interested in the cryptocurrency space, and that was also the case this week, when the price of Bitcoin started to rise. Turkish investors specifically researched 10 altcoin projects between 7-13 January 2023. Here are the details…
These coins are the focus of investors in Turkey
CoinGecko, a platform that provides data on cryptocurrencies. cryptocoin.com According to the information shared with the company, between January 7-13, investors in Turkey searched the following cryptocurrencies the most on the platform:
- bonk
- wither
- Bone ShibaSwap
- Pi Network
- Premiere
- Naples Fan Token
- STEPN Green Satoshi Token on Solana
- Clover Finance
- staph
- Akita Inu
Solana and Bonk in particular attract the attention of investors
The first two cryptocurrencies searched among Turks consist of coins that have already been popular in the field for a while. BONK, in particular, has been referred to by the phrases “next SHIB” or “next DOGE” lately. Because the Solana-based meme coin has experienced a huge rise in recent weeks. The dog-themed token announced the creation of BonkDAO on January 14th, giving the Solana community even more reason to celebrate. The team behind BONK tried to capitalize on the excitement about the project as it became the first meme coin in the SOL ecosystem.
Meanwhile, SOL was up 40 percent in the last two days, trading at $23.48, recording the highest price in two months, according to data. The bullish momentum seemed to push the price to pre-FTX levels. This contrasted sharply with the downward spiral after the FTX debacle, where SOL fell below $10, its worst performance in two years. What contributed to the negative sentiment was her connections with FTX founder Sam Bankman-Fried.
Recently, the rise in Solana also seems to have been driven by BONK, which has caught the attention of meme coin enthusiasts. As a result, BONK’s market capitalization exceeded $60 million. According to data from Dune Analytics, the number of users has exploded since the beginning of the year, with more than 100,000 cumulative BONK wallets registered. Therefore, it is no surprise that investors in Turkey are also interested in BONK and SOL.
Bitcoin rising: But not on the list
On the other hand, Bitcoin (BTC), the largest cryptocurrency with its market value, which brought a positive feeling to the market with its rise above $ 20,000, is not included in the list. Currently, the value of Bitcoin is around $20,700. As we reported yesterday, it managed to hit around $21,250 on Binance.
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