Turkey is one of the prominent countries with Bitcoin and altcoin investment. Cryptocurrency investment is on the rise in Turkey as high inflation and a weakening currency push Turks to seek ways to preserve the value of their savings. So, which coins were on the Turkish radar this week? Here are the details…
There are 9 altcoins in the focus of the Turks
The data shared by the crypto money data platform CoinGecko withKriptokoin.com is an example of investors in Turkey. It shows which cryptocurrencies are researched the most in the range of 28 May – 3 June. Among the most sought after are the coins belonging to the Terra ecosystem, which came to the fore with its collapse last month, and the GST token of STEPN, the move to earn project. Although this week saw the highest level of the last three weeks, Bitcoin (BTC), the largest cryptocurrency that has regressed again, has also been one of the most curious. The full list and information about the coins are as follows:
- Green Satoshi Token (GST): Green Satoshi Token (GST), embedded social items and gaming token of STEPN, a Web 3.0 lifestyle app with gamification design.
- Terra Luna Classic (LUNC): Terra, which came to the fore last month when its stablecoin UST separated from the US stable, dragging the ecosystem to collapse, is a fiat-pegged stablecoin to power price-stable global payment systems. It is a Blockchain protocol that uses LUNC is the network token that was rebuilt after the collapse of the network.
- Terra 2.0 (LUNA): Terra (LUNA) is a public blockchain protocol emerging from Terra Classic.
- Bitcoin (BTC): Bitcoin is a decentralized cryptocurrency described in a 2008 whitepaper created by an individual or group of people using the pseudonym Satoshi Nakamoto. It was released shortly after, in January 2009.
- Step App (FITFI): FITFI is a market economy where participants earn from the value generated by the $100 billion fitness industry. It is the web3 version of digital fitness experiences and apps.
- Evmos (EVMOS): Evmos is an Inter-Blockchain Communication (IBC) protocol. IBC is currently seen as the most secure and decentralized way to move assets between different Blockchains. It reveals interoperability across multiple chains.
- STEPN (GMT): STEPN is a distinctive “Web3 lifestyle app” with GameFi elements on the Solana Blockchain.
- TerraClassicUSD (USTC): is the decentralized and algorithmic stablecoin of Terra Blockchain. Repeated as “Classic” after the collapse of the regular UST.
- FEG (FEG): FEG Token is a decentralized transaction network on Ethereum and BNB Chain.
- Luffy (LUFFY): Inspired by One Piece’s Luffy, Luffy describes himself as the “world’s first anime token”.
