Tether and SHIB vie with bitcoin in inflation-ridden Turkey as lira falls


“The data shows that despite the volatility the lira is facing, local traders continue to be attracted by the exceptional returns associated with coins such as SHIB,” said Strahinja Savic, head of data and analytics for crypto platform FRNT Financial in Toronto. … CoinDesk reached out to BTCTurk, one of the few local exchanges offering lira-BTC deals, for comment, but received no response.

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