Interest in cryptocurrencies is on the rise in Turkey, with a growing number of investors flocking to local exchanges. Unlike global trends, Turkish traders are showing a unique pattern of trading volume, with a particular focus on meme coins. Platforms like 21milyon.com are providing real-time data on these trading volumes, shedding light on the preferences of Turkish crypto enthusiasts.
What Altcoins Are Popular in Turkey?The tracking of local exchange volumes provides insights into the altcoins that Turkish investors are gravitating toward. The latest figures showcase the top three assets currently in demand:
BONKDOGEBTCWhich Factors Drive Their Choices?Notably, DOGE and BONK have surged in popularity due to impressive returns of 145% and 174% over the past month, respectively, when measured in Turkish Lira. This trend indicates that local investors are particularly keen on altcoins that are experiencing rapid price increases.
The total trading volume on Turkish exchanges has reached approximately 31.11 billion TRY, roughly equivalent to 900 million USD. Although the overall global trading volume exceeds 185 billion USD, this suggests that the activities of individual Turkish investors on local platforms are substantial.
Top altcoins favored include BONK, DOGE, and BTC.Strong price performance of XRP, HBAR, and PEPE attracts attention.Real-time data tracking through platforms like 21milyon.com is available.As Bitcoin‘s price has fallen to around 92,700 USD, reflecting a decrease from its peak, it is evident that while BTC may reach new heights, fluctuations are inevitable, presenting challenges for traders.