The cryptocurrency market continues to attract Turkish investors, particularly since the rally that began in 2021. The top 10 crypto projects that have garnered attention from Turkish investors in the last 24 hours are highlighted, based on data from 21milyon.com.
According to the data from the analysis platform 21milyon.com, the total trading volume on Turkish cryptocurrency exchanges in the last 24 hours reached $362 million, which is over 11 billion Turkish Liras. Tether, used by Turkish investors as an easy way to acquire dollars, topped the list with a trading volume of 1.2 billion Turkish Liras, followed by Bitcoin at 1.05 billion Turkish Liras.
Solana, which has seen a nearly 400% increase since the last quarter of 2023, is the third most followed crypto asset by Turkish investors, with a trading volume of 718 million Turkish Liras in the last 24 hours.
A notable altcoin is the fan token BENFICA, which was recently listed and has quickly climbed to the fourth position, surpassing Ethereum with a trading volume of 485 million Turkish Liras, reflecting significant interest from Turkish investors.
The rest of the list includes APE, Chiliz, Avalanche, ENS, and Render. These altcoins have been frequently discussed in crypto communities lately, with ENS and Chiliz experiencing notable upward momentum. The data indicates that Turkish investors are focusing on trending crypto assets, influenced by various factors including social media platforms.