Turkey, which has a certain share in the crypto world, generally showed interest in which cryptocurrencies, what changes were experienced in the price of these cryptocurrencies?
With the bull season in 2021, there were many Turkish investors who turned to this area. Turkish crypto investors, who usually trade on certain cryptocurrencies, showed more interest in which coins? For what reasons did these coins increase? At what rate did these cryptocurrencies, which literally experienced the bull season, rise?
Holo (HOT) Rising 5336 Percent With Social Media Impact!
Perhaps one of the most popular coins in Turkey, Holo ( HOT ) had happened. HOT, which rose 5336.95 percent between February 8, 2021 and April 12, 2021, took place in the wallets of a very large part of Turkish crypto investors. The bull season in the crypto market at that time was one of the main factors that triggered this event.
The HOT trend, which started on February 8th, caught fire not because of the project in general, but because of the FOMO effect on social media. The bull season had opened doors to new crypto investors and skyrocketed the crypto market cap. Turkish investors, who do not know much about cryptocurrencies, showed a lot of interest in the posts on this subject on social media. And thanks to this, a lot of crypto phenomena came to the market.
Bitcoin ( BTC The fact that the rally on the ) side gradually shifted to altcoins led investors to altcoin trading. Among the altcoins that have not been priced yet was Holo (HOT). With a really low trading volume at the time, HOT garnered a lot of attention, with crypto phenoms talking about the project profusely. Both this huge interest of investors on the coin and the bull season in that period brought HOT from $ 0.000582 to $ 0.03164 in two months. Thus, showing an increase of 5336 percent, HOT became one of the cryptocurrencies that marked Turkey. Currently trading at $0.000872, HOT has dropped 96 percent from its peak price.
Metaverse Wind Blows in Istanbul!
Metaverse sector, which has exploded globally in the past months, has gained a significant place throughout Turkey as well. In fact, this trend was not limited to Metaverse-related cryptocurrencies, but started Metaverse land sales in Turkey. Metaverse plots of popular districts of Istanbul were offered for sale at exorbitant prices.
Factors such as the fact that Metaverse land prices offer a lot of earning opportunities in a short time, and the flight of Metaverse-based cryptocurrencies (CEEK, SAND, MANA) directly attracted Turkish crypto investors to this area. There was a lot of news about Metaverse land trades back then. In fact, these news took place not only on social media, but also on television channels.
Ceek VR (CEEK) was one of the Metaverse coins that Turkish crypto investors followed closely. Seeing that the industry offers such earning opportunities, investors have gravitated towards Metaverse projects that have not yet risen. Among these projects were The Sandbox (SAND) and Decentraland (MANA). However, the most followed and the longest spoken project was Ceek VR (CEEK). CEEK, which reached $1,201 from $0.05122, had a total performance of 2246 percent. CEEK, which currently finds buyers at $ 0.069, has lost 95 percent of its value from its highest value.
Another Star of 2021 Taurus is 4454 Percent on BitTorrent (BTT)!
One of the countries that most flocked to the crypto world in 2021 was Turkey. Turkish investors, which have a huge impact on altcoin trading volume, have been focusing on certain cryptocurrencies. One of these cryptocurrencies was BitTorrent (BTT). The fact that social media phenomena also talked about BTT from time to time made the explosion of the coin inevitable.
BTT, which has been trading at the bottom price for a long time until the bull season, has gained 4454 percent by coming from $ 0.00030 to $ 0.01368 between February 1, 2021 and April 12, 2021. The popular coin, which exhibits more volatile movements compared to other altcoins, has become a coin that most people trade in the Turkish crypto ecosystem. Currently at $0.00000058, BTT suffered an 89 percent collapse from its peak price.
FOMO Effect Ignited Dent (DENT): 10109 Percent Increase!
Another of the coins that Turkish crypto investors kept the most in their wallets during the bull season was Dent (DENT). DENT, which caught great enthusiasm such as Holo (HOT), BiTorrent (BTT), showed much more rise by making a difference to these coins. Turkish crypto investors, who have just entered the market, were adding DENT to their crypto wallets as they saw the increase in the coin. DENT, which made a great impact in the global sense, received great support from the Turkish crypto pool as a trade.
The fact that there were not many cryptocurrencies released in those processes increased the interest in cryptocurrencies that gained so much value. DENT’s progress by putting it on it almost every day has caught the attention of Turkish crypto investors. This situation has increased the DENT discussions on social media platforms. Investors, who constantly saw DENT posts from their environment, also formed various communities related to the project.
DENT, which dropped a lot of zeros from $ 0.000222 to $ 0.022, exploded 10109 percent. Testing the peak between February 8, 2021 – April 12, 2021, the popular coin left its mark on the crypto world not only in Turkey but also globally. Although DENT, one of the most rising coins of the 2021 bull season, has lost this effect to a great extent, Turkish crypto investors continue to talk about DENT on social media from time to time. But DENT is currently trading 96 percent below its highest value.
